
The value of a new car drops quickly. In fact, on average, a car will only be worth 54% of its original price after three years. Since modern cars will stay on the road for an average of 11 years, getting one that is a few years old will still have plenty of life left.
Getting vehicle history report from Carfax or AutoCheck can give you peace of mind about the past of a vehicle. You'll be able to see how many owners it had and whether it was involved in any accidents. The report will also verify the mileage of the vehicle.