Why buying a second hand car will save your money on the long run in Nepal?
For a large number of automobile buyers, choosing an inexpensive and reliable vehicle that would convey them to Nepal's roads without any difficulties or problems is paramount. Let's face it, even if they aren't perfect in every way, we all enjoy new cars. If you can afford it, buying a new automobile is fantastic: you won't have to worry about major repair bills for at least 3-5 years, you'll look nice on the street (though not in Nepal), and you'll get that beautiful new-car fragrance. However, keeping a new car in excellent shape on the road necessitates a significant financial investment. There's the initial purchase price, which you'll almost certainly pay monthly, and then there's the cost of comprehensive insurance, not to mention depreciation. Your new car's value reduces by at least 10% the moment you drive it away from the showroom, and by another 15% to 20% each year after that. People who can't afford new cars naturally resort to used cars, which are frequently the better option. You can call me a scrooge, but a cheap used automobile is better than a used car in my opinion.
Here are some of the reasons why buying a used automobile in Nepal would save you money in the long term:
1. It enables you to preserve your beloved vehicle in excellent condition:
You'll be doing your dream automobile a huge favor if you use your cheap car in congested city traffic, on your commute, to transport items, and throughout the winter. While the econobox will take all of the punishments, your favorite car will remain in the garage, waiting on a bright day when you can take it out for a leisurely trip.
2. Purchasing it is inexpensive:
The whole point of buying a cheap used car is to save money, and you'll do just that because most vintage econoboxes are dirt inexpensive to buy. You can get a decent one in almost any Asian country. Simply familiarize yourself with the laws, as some nations, such as Nepal, charge exorbitant registration fees for ancient vehicles.
3. You can utilize it for your shady activities:
When the back seats are folded down, your cheap car transforms into a light business vehicle. Put whatever you want in the back without worrying about scratching the plastics or causing damage to the seats.
4. You don't mind whether the paint or alloys are damaged:
When you buy a used econobox for a low price, it goes without saying that dents in the bodywork, scraped paintwork, and scratched alloys aren't a big deal. If you maintain a cheap used car properly from a mechanical standpoint, driving a cheap used car in Nepal becomes a stress-free experience.
5. There is no longer any concern about depreciation:
The steepest part of the depreciation curve would have been accomplished by the time you bought your cheap used car. Cars depreciate much less after the first five years than they did when they were new, which means that when you're done with your econobox, you might be able to sell it for nearly the same price you paid for it.
6. You spend less money on gasoline:
Assuming you don't buy a cheap used gas guzzler (which would be foolish), your fuel receipts will be smaller, allowing you to put more money toward other things like buying or maintaining your dream automobile.
8. When it dies, you can replace it:
When you drive a cheap used car, you don't have to worry about significant repairs that can break your budget. If the car breaks down and causes a major problem, you simply trash it and get a new one. It's as simple as that.
9. Service and repair work is inexpensive:
Because most tiny hatchbacks are mass-produced, parts, as well as service and repair costs, are typically low. Because smaller cars usually have small wheels and tires, those parts are also inexpensive to purchase.
10. It can also be used as a winter coat:
During the winter, all that morning dew sprayed on Kathmandu's streets and the resulting slush can't be good for your new car's underbody, right? That's why you can get by with a used car that's cheap to get you through the winter. There's no need to be concerned about rust, fender benders, or other issues. Simply start your winter beater and go without worrying about what the elements will do to it.
