VIP Auto Used Cars Less Than 25K

Why Buy Used Cars?

The most obvious reason for buying a used car is the money you'll save. On average, a brand-new vehicle costs around 50,000. But as soon as it leaves the parking lot, its value declines. Most used cars for sale cost 40% to 50% less than their original price, giving you plenty of discounts for a relatively in-mint condition vehicle.

Moreover, you don't have to pay an insurance premium when you buy used cars. Here's an example. If you've been in an accident with your new vehicle, the insurance will pay for its current value, not its original price. That price difference is covered by gap insurance but in exchange for increasing your premiums. Gap insurance isn't needed for a used car, considering it had already depreciated when you bought it.

You won't also need to worry about high annual registration fees. On average, the fees are higher when the car is three years old. When it's five years old, the rate levels off. You can pocket around a thousand dollars by circumventing new and annual registration fees when you buy used cars.

Generally, a three-year-old car is priced around $30,000, while a five-year-old vehicle hovers around $25,000. So you can spend all the money you save by upgrading and customizing your secondhand car.