Things to Consider While Buying A Used Car!

Purchasing a used car is like bungee-jumping - exciting and terrifying at the same time, whether you are doing it first time or not. From model to features to colour and price, there are so many options available. Investing into second hand car makes lot of sense, as you can get a great price for used car and more features at lesser cost. But peace of mind is hard to find and there are high chances of getting fleeced.
Here comes the need of a de-facto pricing engine, Orange Book Value aka OBV to get peace of mind, security for money and confidence in buying a used car. OBV gives fair used car price based on its condition and other factors. It uses data science approach to calculate fair market price of a used car, bike, scooter or more, in real time.
With OBV checking used car prices is no more pulling a number from a hat. Orange Book Value used scientific method and complex algorithm to give right price for used cars. OBV provides used car price, total cost of ownership, expert reviews, price of similar sold cars, advance analytics and much more.
OBV Basic and Premium valuation reports can give you complete insights of a used car you are planning to buy.
Here are some other quick tips to consider while Buying A Used Car:
1. Understand your requirement
2. Fix a budget
3. Fuel Efficiency
4. Resale Value/Depreciation
5. Check affordability
6. Know total cost of ownership
7. Test Drive

So, don’t forget to check Orange Book Value of your next used car. Check orangebookvalue.com for more details.
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Why You Should Buy Used Cars from Dealers

When we think of buying a car, one thing keeps on ringing in our head that whether to buy a brand-new car or a pre-owned car that is in good condition. Nowadays, most of the people are going for the well-maintained second hand cars which are sold through dealers or individual sellers. Even if you have decided to Buy A Used Car only, still some confusion stays in our mind that whether to buy it from an individual seller or a used car dealer. In both the cases, there are various advantages as well as disadvantages. Let’s discuss some of the advantages and disadvantages of both used car dealers and individual used car sellers.

In case you want to buy a used car from a dealer, you will have to pay more money when compared to individual sellers. However, the dealers generally provide warranty on the used vehicle you are buying. In most cases, the cars are certified and properly verified by the dealers and then it is put on sale for the used car buyers. Also, if you are buying a used car from a dealer, you can always negotiate on the final price putting the selling price of the same model from other dealers.

On the other hand, if you are going to buy a used car from an individual seller, you will have to pay less money than the dealers, but there will not be any warranty on anything. However, most of the individual sellers provide a genuine car which has been maintained properly. You have to go and check the condition of the car in both the cases and should always take a test drive of the used car you are planning to buy.

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Key Differences Between Buying Used Car and New Car

The debate between buying a used car and a new car is never-ending. Different people have different opinions based on their priorities. However, there are some facts that help us make the best choice while buying a car. Both new cars and used cars have their advantages and disadvantages. Here, we are going to discuss about some of the advantages and disadvantages of buying a new car and a used car.

• Used cars come with a much lower price when compared to the new ones. This, in turn, make them more value for money product than the new cars. The Price of the Used Cars can be further reduced if you buy from a private seller where no dealer is involved. On the other hand, new cars come with much higher price tags that make them hard to own for many prospective car buyers.

• Depreciation is another factor that proves that buying a well-maintained used car could be a much better decision than going for a new car. All cars go through the phase where their value in the market depreciates. New cars lose their value very rapidly while for used cars the deprivation rate is quite low.

• In case of new cars, the customers get total peace of mind as the product is almost fully covered by the warranty provided by its manufacturer. Most of the car manufacturers provide a warranty of 3 years, which means the owners do not have to worry about any extra expenses on its parts for 3 years. However, in case of used cars, there is limited warranty or no warranty on anything. This means, if something goes wrong with the product, the seller is not responsible for that.
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