a “slightly-used” car – one that’s only around two years old and has
under 30,000 miles on it – can help you keep cash in your pocket without
sacrificing quality. Below are 6 benefits of buying a used car (in
like-new condition) over a brand new one.
Falling Registration Fees
In most states, the rate of your annual registration fee is based on
your car’s value and its model year. In Colorado, for example,
registration fees fall dramatically during the first few years after a
car is manufactured. The rate is highest in the first three years, and
then levels off after five years. If your state has similar rules, you
can save about a thousand dollars by avoiding the new car registration
fees and buying a car that’s at least three, or better yet five, years
old.
