Used Car Buying in 2010 - Internet and more important, traders prefer stronger!

When buying used cars today is the Internet important than ever. Both the buyer and for the seller does not really pass away any more. The study revealed information in the meantime almost all used cars interested in advance via the Internet, while new car preferred, however, the prospects are looking for conversation with the dealer. When buying used cars even had to plug in the private market losses. The buyers prefer yet more trade.

Of the approximately six million used cars sold in 2009 accounted for 59% of the trade. The private market was therefore returned 45 % last year to now 41%. The Australian car market itself could hold approximately 2009 to the 2008 levels (- 1.6%).

The new car market was recorded in 2009 with 3.8 million registrations in record profits. This was mainly due to the scrapping and additional dealer discounts. Through them rather small and therefore cheaper cars were purchased.

Many disputes can be avoided but already in advance: This risk is minimized when buying; EuroDB also provides a sample tested at EuroDB.com.au purchase agreement for the safe handling of used car transactions available

How long do you keep the car?
I think the length of ownership is often more important than the age of the car when you buy it. If someone buy cars that are only a few years old and keep it for a short period of time and keeps buying more cars of the same age – do they pay less depreciation than someone who buys a new car and keeps it for the entire time?

I did a few calculations and I have to admit the results surprised me – I thought that a new car buyer who kept the car a long time would pay less (or the same) depreciation than someone who bought lightly used cars but didn’t keep them very long. In fact, I was wrong.