Friday, February 20, 2015

Quality Indianapolis Used Cars: Gearing up for a Prudent Retirement

Retiring a year or two from now? You’re probably thinking of a brand-new car as a reward for all your hard work. The new car models draw you and they can’t wait to be flaunted and driven around the neighborhood. Well, allowing yourself to be hooked by their inherent allure won’t be a problem if you have a larger than average nest egg; if not, it’s safer to think twice.



Always consider the impact of every expense on your retirement fund. If a brand-new, fancy car is on your wish list, think of this: Is it worth the risk of waking up one day to find you’ve run out of funds for your other, more urgent needs? This doesn’t mean you should stick with that old, rickety car in your garage either. If you want to replace it, used cars from Indianapolis dealers will do just as great as the brand-new ones.

Why Choose a Used Car?

Lower cost

Used cars are relatively low-priced compared with new ones. You’ll pay for lower insurance fees and if you plan to sell it again, you wouldn’t have to worry about a significant loss on equity.

More options.

Remember that brand-new car model some 5 to 10 years ago which you felt bad about not affording? You can bring it home for a much lower price. Then, if you feel like you’ve had enough of it, you can just buy yourself a new used car again – or as often as you want, if you have the money.

Just as reliable

Pre-owned cars are often late models and they differ from other used cars by having been inspected, refurbished and certified by a standard-setting authority. So technically, it’s just as good as new. Plus, they have adequate safety features and can go a thousand miles without needing major repairs.

Cash or Loan?

If you’re concerned about the financing, Bankrate.com suggests choosing a low-cost car loan option instead of dipping into your cash reserves and paying for a car outright. A variety of domestic and imported used cars in Indianapolis, offered by dealers such as Xtreme Motors, usually come with secure and flexible financing options. You simply have to inquire through the company’s website or give them a call.

For a more secure retirement life, you should be frugal. If there’s a practical alternative that can offer the same level of quality, why settle for the other that can burn a hole in your pocket?

(Source: Factors for Retirees When Buying a Car, Bankrate.com)

1 comment:

  1. Retiring a year or two from now? You’re probably thinking of a brand-new car as a reward for all your hard work. The new car models draw you and they can’t wait to be flaunted and driven around the neighborhood. Well, allowing yourself to be hooked by their inherent allure won’t be a problem if you have a larger than average nest egg; if not, it’s safer to think twice. Car hire Marrakech

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