Purchasing a vehicle usually proceeds in a number of steps. You find a car you like, go out on a test drive, negotiate a price, possibly apply for financing, and finally drive away from the lot with a sweet ride. Getting to the finish line is great but can't happen until you pass through the previous stages. Before you can get anything going, you must decide whether you want a new car or a used one. While a brand new vehicle might sound great on the surface, take a look at how you can benefit by buying used instead.

Enjoy Lower Insurance Rates With A Used Car

If you never really factor in the cost of insurance before purchasing a vehicle, you could be setting yourself for a rude awakening. Carrying insurance is a must because if you get into an accident without one, not only do you face having to cover the cost of damages on your own but if your state requires coverage and you don't have it, you could be looking at even greater penalties. You have to consider how much your monthly premium will be because it could hike up the overall cost of your auto by a substantial amount. Buying a used car could help you obtain a more affordable premium so the cost of car ownership doesn't break the bank.

Used cars often come with lower insurance rates than new models simply because it costs less to replace them. Imagine the risk a carrier takes on when they insure a brand new car that is priced at more than $50,000 dollars. Compare this to the relatively lower risk of insuring a modest, used vehicle that goes for much less, and it's easy to see why used is the more practical option.

Guarantees Give You Confidence

Modern used cars are usually backed with outstanding warranties. The warranty is your guarantee that if some part of the vehicle breaks down within a certain period of time, you can have it repaired at little to no cost to you. This should give you the motivation necessary to make your purchase with confidence.

There are lots of great, gently used vehicles on the market for you to try. Go to a nearby dealership and take a look at their used inventory. Test drive a few models until you find the used car that has the features you need to take it home. Look for specific brands of cars like used Hyundai cars for sale.