It is no secret that brand new cars lose a significant portion of their value as soon as they are driven off the dealership lot.
In fact, it is not uncommon for a new car to lose 20% or more of its value in the first year alone. For many people, this is simply too much money to justify spending on a vehicle.
Buy second hand cars [pr], on the other hand, can be a great way to get a vehicle that is nearly new without paying the high price tag. Second hand cars often have low mileage and are typically only a few years old.
This means that you can get a car that is reliable and still has a lot of life left in it without spending nearly as much as you would on a brand new model.
Of course, there are a few things to keep in mind when buying a second hand car.