What is the best age to buy a used car?
2 Answers
It is recommended to purchase a used car that is 3-5 years old. Here are some suggestions for buying a used car: Purchasing a used car with less than 70,000 kilometers: In the market, you can easily find used cars manufactured after 2006, typically with mileage under 70,000 kilometers. These vehicles are generally in good condition and often come with well-maintained service records. After purchase, in addition to routine maintenance, it is advisable to focus on inspecting critical safety components such as the braking system, tires, and steering. Replace these parts if necessary. Purchasing a vehicle with over 150,000 kilometers: Generally, the refurbishment cost for such vehicles accounts for about 15%-20% of the purchase price. If the required investment is too high, it is better to consider other options.
I think used cars that are around 3 years old offer the best value. By this time, the steep depreciation phase of a new car is mostly over, and the price is about 30-40% cheaper than a new one, while still being within the original factory warranty period, which is quite hassle-free. When I helped a friend look at a used Accord last time, I found that cars at this stage are generally in good condition, with minimal interior wear, and the tires and brake pads can still be used. However, remember to focus on the condition of the three major components (engine, transmission, and chassis) and the maintenance records, especially checking whether the car has been in any major accidents or flooded, as some brands are quite skilled at repairing accident vehicles to a high standard.
