Generally, you can receive a better value when buying a used car. This is especially true for later models. Used cars are cheaper to buy and ownership expenses, like taxes and collision insurance, are also less expensive. Also, you can get a car that is better equipped when you purchase one that is used.

Due to an improvement in reliability, there has been a large increase in consumer appeal to buy used cars. Issues that concerned consumers such as exhaust and rust problems are a thing of the past. Studies have shown that these problems have decreased significantly since 1980.

Even though there has been an increase in reliability, it is still important to take into consideration the cost of repairs and maintenance. Many used cars have either a warranty that is almost up, or has no warranty left at all. Therefore, motorists find themselves paying for these expenses out of pocket. However, purchasing used car warranties are a good way to solve this issue.

Overall, buying a used car is a good way to save money. Also, consumers can get a car that is both affordable and has a variety of great features. No matter which car you choose to buy, make sure to buy an auto warranty that can cover the costs of repairs and maintenance.