83.0k views
3 votes
Which is an advantage of purchasing a late model used vehicle instead of a comparable new vehicle?

O longer warranty
O lower initial cost
O more safety features
O lower cost of maintenance

1 Answer

2 votes

Final answer:

An advantage of purchasing a late model used vehicle is the lower initial cost and lower cost of maintenance, while still potentially having more safety features than a new vehicle.


Step-by-step explanation:

An advantage of purchasing a late model used vehicle instead of a comparable new vehicle is the lower initial cost. Used vehicles are typically priced lower than new vehicles, making them more affordable for buyers.

Another advantage is the lower cost of maintenance. Used vehicles have already gone through the initial depreciation, so the cost of maintenance and repairs may be lower compared to a new vehicle.

While a late model used vehicle may not have a longer warranty compared to a new vehicle, it may offer more safety features for the price. Advances in safety technology often make their way into older models, allowing buyers to access these features at a lower cost.


Learn more about Advantages of purchasing a late model used vehicle

User Gatogordo
by
8.0k points