Used cars usually have _____.
Select the best answer from the choices provided.

A
lower maintenance costs than new cars
B
lower financing costs than new cars
C
lower insurance premiums than new cars
D
higher depreciation rate than new cars

When we compare the insurance costs between new and used card, it costs less to insure used cars when you’re buying collision and comprehensive coverage. In general, we see that the car insurance rate will drop by 3-4% for every year your vehicle ages. Meaning that, a 5-year-old vehicle is about 15-20% cheaper to insure than a brand new vehicle.

Used cars usually have _____. Select the best answer from the choices provided. A lower maintenance costs than new cars B lower financing costs than new cars C lower insurance premiums than new cars D higher depreciation rate than new cars

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Used cars usually have _____.
Select the best answer from the choices provided.

A
lower maintenance costs than new cars
B
lower financing costs than new cars
C
lower insurance premiums than new cars
D
higher depreciation rate than new cars