Buy a year old car: Advantages & Disadvantages Tips for buying a year-old car

To buy an annual car: advantages & disadvantages

Many car dealers have even specialized in the sale of annual cars and have cars already with the aim of selling them twelve months later as a year-old car.

If you want to buy an annual car, you should pay attention to a few things. Because not always the young used cars are really cheaper than a comparable new car. These are the advantages and disadvantages of the annual car purchase!

Annual cars are still considered an insider tip among many car buyers. And indeed, they can be a good alternative to the new car, which is indeed the dream of many drivers - but often quite a bit more expensive. After all, annual cars are relatively up-to-date models with modern equipment, which, due to the high loss of value within the first year, are often available at considerably lower prices. Most of the year-old cars come from employees of car manufacturers, are leasing returns or were previously used as official vehicles, demonstration cars or day registrations. Many car dealers have even specialized in the sale of annual cars and have cars already with the aim of selling them twelve months later as a year-old car.

BUY AN OLD CAR: WHAT IS AN ANNUAL CAR?

An annual car is a special form of a used car. As the name suggests, the first registration of the respective vehicle must not be more than twelve months old. In addition, the car must not have left the factory for more than one year before the first registration. Specifically, this means that an annual car may be admitted to road traffic for a maximum of one year and built no later than two years ago.

ADVANTAGES OF BUYING ANNUAL CARS

Drivers who want to buy a year-old car enjoy some advantages compared to buying older used cars. Finally, they get a still relatively current model, in which the equipment is up to date. The price can be significantly cheaper compared to a new car. In addition, the vehicles are usually qualitatively flawless and still have no classic flaws that are found in older used cars like. This is especially the case with company cars, which were previously moved by a factory employee. 

BUY OLD CARS: THESE ARE THE DISADVANTAGES

If you want to buy a year-old car, you have to be flexible with regard to your equipment needs, just like with a classically used car purchase. You can not configure it from assistance systems to paint as you would for a new car according to your own taste and needs, but you have to choose from the existing range. Under certain circumstances, you have extras in the car that you do not need at all and may instead miss other equipment details. Then a new car configured to your liking may be the more appropriate or even cheaper alternative. 

In addition, the price advantages of annual cars in many places can not always keep up with discounts on the list price of new cars. The same applies to the terms of financing, which are usually not as cheap as for cars that come directly from the factory. In addition, the manufacturer's warranty for annual cars is reduced by twelve months. Even with the resale of a year-old car is to be expected a considerable loss of value, since the corresponding vehicle then comes from second hand. 

As a rule, higher prices can be achieved with a new vehicle. Since the term-year-old car is not protected, interested buyers should especially look very carefully when the cars offered for sale come from rental car fleets: It can already have many drivers used the car and therefore clear signs of wear on the vehicle to be found - even if it not very old. because the corresponding vehicle comes then already second-hand. 

As a rule, higher prices can be achieved with a new vehicle. Since the term-year-old car is not protected, interested buyers should especially look very carefully when the cars offered for sale come from rental car fleets: It can already have many drivers used the car and therefore clear signs of wear on the vehicle to be found - even if it not very old. because the corresponding vehicle comes then already second-hand. 

As a rule, higher prices can be achieved with a new vehicle. Since the term-year-old car is not protected, interested buyers should especially look very carefully when the cars offered for sale come from rental car fleets: It can already have many drivers used the car and therefore clear signs of wear on the vehicle to be found - even if it not very old.