Whenever people want to buy cars, they will typically opt for brand new or used models. The advantages of buying a brand new car are that you don’t have to worry about whether a previous keeper has looked after your new car or not, because you are the only keeper, and there is also that awesome but potentially toxic new car smell!
Of course, buying a brand new car isn’t for everyone, especially if you cannot afford to spend the money on a big deposit and the monthly payments you would have to make on it, so a popular alternative is to spend the money on a used car instead!
There is obviously an increased risk that you might end up with a car that you would have to spend thousands on to fix a major problem with it, so in some ways it’s a bit like playing a lottery game with used cars!
If you don’t like the idea of spending what could potentially be a small fortune on a brand new car, nor do you like the idea of buying a used model and possibly ending up with a lemon, there is a middle-of-the-road solution available to you: I am, of course, talking about nearly-new cars!
What is a nearly-new car?
In a nutshell, a nearly-new car describes a car that is not brand new, but given its age (typically up to 12 months old) and the fact that it’s only got a few hundred miles on the clock, it can be considered “nearly-new”.
There are many advantages to buying a nearly-new car over a brand new one or even a used model; here are some of the main ones.
Perhaps the most-obvious benefit to nearly-new models such as many Carbase cars is the price. You see, cars that are up to 12 months old are significantly cheaper than brand new models, typically with thousands knock off the list price.
This is a big selling point for people that want a car that is like new, but isn’t as expensive as a brand new car.
All cars suffer from something called depreciation. This is where the value of the car just gets progressively lower as time goes on, but there are other factors that can affect depreciation, such as the car’s condition, the mileage, and whether it is a mass-produced model or was built on a limited run of say 500 cars or so.
As soon as you drive out of the dealer’s showroom in a brand new car, you will have instantly lost anything up to 10% or so off your car’s value, whereas the depreciation hit on a nearly-new car isn’t so bad.
As I mentioned earlier in this blog post, many people worry about the reliability of used cars. After all, you just don’t know how used cars have been treated in their former lives! The vast majority of nearly-new cars are ex-demonstrators or cars that have just been sat in the showroom, and they will have been serviced according to the manufacturer’s recommended servicing schedules.