Can I buy a car with no deposit?
Yes, it’s possible to get car finance without having to pay a deposit. Fewer lenders offer zero deposit agreements so it may take some digging. Why not get Experian to do the hard work? We help you compare deals from trusted providers in a matter of minutes. Lucky for you, there are many no-credit dealerships ready to make a deal, and if you have as little as $500 down, you can get a car. No credit check car dealers aren’t hard to find. But finding one that takes $500 down on a car no credit check that you really want is a bit more difficult.
What’s the best age for a used car?
The optimal time to purchase a used car is typically between 2 to 5 years old. Within this age range, the vehicle has already experienced the most significant depreciation, yet remains relatively new and in good condition. The ideal age for a used car is generally between 3 to 4 years, having clocked 30,000 to 40,000 miles. This ‘sweet spot’ offers a perfect balance of modern features, significantly reduced depreciation, and lower maintenance costs, making it a smart choice for savvy buyers.Thorough research, inspections, and a realistic understanding of the car’s condition are crucial for making an informed and satisfying purchase. A well-maintained 10-year-old car can offer reliable transportation at a more affordable price point, making it a viable option for many buyers.As a general rule, you should assume that the average car owner puts 12,000 miles on a car each year. To determine whether a car has reasonable mileage, you can simply multiply 12,000 by its age. That means good mileage for a car that’s 5 years old is 60,000.
What is the oldest second-hand car you should buy?
When shopping, is there a best age for purchasing a used car? Cars are usually reliable for up to five years if they’ve been looked after. But a well-maintained 10-year-old car could be a better investment than a newer model that hasn’t been cared for as well. Reliability. If reliability is your top priority, you probably don’t want to buy a vehicle that’s too old. After all, the older a car is, the less reliable it’s likely to be, even if it’s a well-maintained, low-mileage vehicle with a good reputation, such as a Toyota or Honda.