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It costs less to purchase a used car than a new car because

1.used cars are less stylish.
2.options cannot be chosen on a used car.
3.used cars are more likely to need repairs.
4.lack of demand drives prices down.

User Aliki
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2 Answers

2 votes

used cars are most likely to need repairs



User Funivan
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The answer is: 3.used cars are more likely to need repairs.

Because of the needed repairs, the sellers would most likely have to drive the price down to make up for the cost that the buyers will spend to repair the cars. Other factor that make used car cheaper is that most often it still has not keep up with the current technological development that invented for vehicles. Because of this, the value sink even further.

User Trevor Bramble
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6.3k points