Going for something cheaper is a human tendency. This applies when buying a car as well. This is why so many people are buying used ones. It has been reported that the number of people who purchase used cars in 3 times as many as the number of people who purchase new ones.
1. It is beneficial to know how used cars are priced. Dealerships will usually add a certain percentage of the original value of the used car to its current value This will increase the cost of the car sold at these dealerships.