Benefits of Buying Used
Read this tip to make your life smarter, better, faster and wiser. LifeTips is the place to go when you need to know about Used Cars and other Car Buying topics.
Benefits of Buying Used
Buying a used car can be a smart move from a financial perspective. New cars depreciate precipitously the second you drive them off the lot. Used cars, on the other hand, do not. However, buying a used car can be a risky proposition if you don't know what to look for.
A good resource for information on used car reliability is Consumer Reports. Consumer Reports is a division of Consumers Union of U.S., Inc., a nonprofit, independent organization that has for nearly 60 years been an unbiased source of consumer information and advice on products, services, health, and personal finance. The organization publishes the Consumer Reports Used Car Buying Guide.
You can find the same information that is published in the guide on the Consumer Reports Web site. Some information is free, but you have to pay a monthly or annual subscription fee to access the meatiest reviews.
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