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Auto Loans

5 Reasons Buying a Used Car Is Better Than Brand New


By Mark Huntley, J.D.

Real estate investor, lawyer, personal finance writer, and Co-Founder of Credit Knocks


Advertiser Disclaimer - Some links on this page may pay us advertising fees.


Your eye has spotted a sleek, new vehicle. TV ads pull you into a dealer to see that bright new vehicle. But is it a new car for you? 

Yeah, it has all the bells and whistles and an enticing financing alternative, but what's your choice? 

There are several opportunities to buy a used car.

Buying used cars will save you money on an auto loan, provide the same satisfaction as a new vehicle, and provide long-term reliable transportation.

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Used car rates are about 50% lower than new cars on average. 

With the right care and maintenance, you can even prevent your old car from aging, thanks to Midnight Driver auto supplies. 

You will buy a used car even quicker, saving you leasing fees. 

Consumers swap vehicles on average six years after purchase, so if you paid $10,000 for a used vehicle instead of $20,000 for a new one, you might pick a better car for your next vehicle or pay another $10,000, making your own two for a special one!

There are several reasons why used cars may be better than their new counterparts, but we've narrowed our list to five. Here's why buying new isn't always healthy.

Depreciation

The number one reason that used cars can be better than another is that you can save a lot of money. 

We've seen countless examples of used vehicles that can be bought at a fraction of their original purchase price, but none were more stunning than the Mercedes S65 AMG. 

If you wait a few years, you will see that a small portion of its original price can be found for an S65. The S65 offers an excellent example of the positive value of purchasing a used car.

used car vs new car

Lower Cost of Personalization

When buying a used car, you don't have to make up for expensive dealer add-ons. 

At the same price as in a new vehicle, you can mount your own. What a beautiful way to spend the money when you purchase a used car.

Quick Tip:

Get pre-approved for a auto loan online before you go shopping for your new car. 

It Is Thoroughly Checked And Approved

Certified pre-powered vehicles ensure a reliable, thoroughly tested car is also a deal for used car buyers.

Certified pre-owned vehicles have been checked, repaired, and certified to guarantee a high-quality vehicle, from the manufacturer or other certification authority. 

Certified vehicles also have an extended guarantee, special financing, and other advantages. Used cars can also have the feeling of being new.

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Increase Your Credit by 100+ Points

In a recent study at Credit Knocks, we found that *48% of clients who used a credit repair company got a credit score increase of 100+ points.

Consultation is quick, easy, and free.

Insurance and Warranty

There is also part of the initial guarantee of some used vehicles. Many used cars are able to establish a new warranty.

An extended supplier guarantee will provide qualified manufacturing technicians with reliable components and a rapid service to repair your vehicle. 

Moreover, you can use a portion of your savings by NOT purchasing a new vehicle and commit up to 100,000 miles or more. 

Quick Note:


Car dealerships make most of their profit off of their auto loan financing. 

One thing people never think about when signing up for the new car is how they adjust insurance rates.

New vehicles may have a higher price than the vehicle they replace, ensuring that insurance premiums will increase. 

On average, new cars are more expensive to insure, particularly when rented or luge-like.

For so-called "loss insurance," most people have to pay more if the vehicle is finished, and they owe more to it than the vehicle is worth.

It Is Better For The Environment

Nearly one-fifth of the carbon dioxide a vehicle produces and initials throughout its life cycle.

The buying of the used car decreases the emission of carbon dioxide. The climate is also less influenced by used cars than hybrid vehicles. 

Hybrid vehicles use batteries made out of lithium-ion, lead-acid, or nickel-metal hydrides, which, as hazardous waste left behind by cells and acid, have a far more significant environmental effect than a used car.

used car vs new car

You Can Always Make A Used Car Look Brand New

Buying second-hand or used cars doesn’t mean that you will be stuck with a tacky looking car or endure traces of dents and scratches from its history.

There are lots of ways to remove those dents in the body of your car, from the famous suction method to hot glue.

Experts say that older car models are much sturdy since they are usually made from metal rather than the common PVC case of the newer car models.

Just make sure to repair deep scratches to prevent rust and more damage. 

Sure you can transform the exterior appearance of your newly purchased used car but don’t forget its interior to complete the brand new feel.

Auto detailing supplies from Midnight driver can help you polish the brand new vibe of your car.

Make sure to watch their Youtube videos for DIY tips on how you can take care of your old car and make it brand new again.


Johnny Chen of Midnight Driver Co has only one mission and it is to help you “Feel the Drive Feel the Clean”. The company is born by drivers who enjoy the midnight cruise at full speed through the city during its quietest hours. Team leader Johnny Chen focuses on the high standards of quality in its services, products, and detailing education to help those to realize the true potential of their own vehicles in the automotive detailing world. Follow us on Youtube.


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  1. That’s a good point that it wouldn’t be hard to make a used car look nicer. I feel like it would save you a lot of money to buy and fix up a used car as well. I’ll have to keep that in mind next time I need to buy a car.

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