One of the more common reasons why people decide to buy a used car instead of a new one has to do with money. Sometimes there is not enough of an income for the person to qualify for the added expenses of buying a new car. There are often rather quick qualification processes in place, so at least consumers know within a very short time if whether they will be able to qualify for a new or used car loan and for exactly how much as well. One of the main focal points which make up this process is the actual income which the individual has. This is a relative component so there are other important factors to consider as well.
Often the fact that there is only a small amount of actual steady income means that the new or used automobile loan is going to be less than what it would take to buy a new car. However this is certainly only relative, so never give up just because you already think you know the outcome of a situation. Not everyone wants to go with a new one though, and from our experience there are lots of people who would prefer to go with a used car as the ultimate goal any day of the week. This would however include any year old car as well. This is often also because of money, however for very different reasons.
Some people are simply interested in saving money anyway that they can. This goal in turn means that these people are much more interested in buying used cars and merchandise over new simply because they know that they will receive much more value in the long run. In other words this is were you can typically get more of a bang for your buck so to speak. If you think about it, the people who actually prefer to buy pre-owned cars are possibly the same people who tend to have more money in the bank for rainy days. This is a good way to save as most folks who have experience in this way of looking at things will tell you.