Is a First-Hand Car the Same as a New Car?
1 Answers
So-called first-hand cars refer to new vehicles purchased from car dealerships, which come directly from the production line. Below is more related information: Advantages of used cars: 1. Cost-effective Used cars are generally not the latest models on the market and are usually about two years behind. For the same brand and model, buying a used car one or two years later can save you thousands of yuan. Additionally, with rising fuel prices, the cost of commuting continues to increase. If you're on a tight budget and just need a car for daily transportation, buying a used car is a very economical choice. 2. Lower Depreciation Rate Any car, once registered and licensed, depreciates in value every year. Generally, a car loses about 20% of its value after one year, 35% after two years, and up to 50% after three years. According to statistics from Fair Price used car evaluations, the higher the car's original price, the greater the depreciation rate. Buying a used car means someone else is covering the depreciation cost for you. The price of one new car could buy you two good used cars. Even if you sell the used car after a few years, you won't lose much. 3. Less Heartache Over Scratches and Dents Many car buyers are beginners, and due to lack of driving experience and skills, minor scratches and dents on the road are inevitable. With a new car, every scratch might require repainting and maintenance, which can add up to a significant expense. With a used car, even if you get a scratch or dent, the emotional toll is much less. Minor scratches and dents that don't affect the car's overall appearance can be fixed with a major refurbishment or detailing.