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Sify Home >> Finance >> Auto >> Buying old cars - Old is not gold

Buying old cars - Old is not gold

㥤 Cars
Not easy to maintain

The price of an old car versus that of a brand new one always tilts the scales in favour of the former.

However, it is the only time when you will really save some money.

Otherwise, maintenance of used cars is not cheap.

Neither is getting finance.

You end up paying 50 per cent more than you would for a new car.

And, we are still not talking of situations where the company has discontinued the model you picked.

Text: Tinesh Bhasin & Dipta Joshi, Business Standard

Images: AP/AFP/Reuters/Tatamotors.com/Carsindiatruevalue.com



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