Whether you are considering purchasing a used car or planning to take a loan for a brand new foreign car, each option has its own advantages and disadvantages. 
To help you make a decision, we have gathered some reasons why you might want to buy a used car in Kiev. You may ask: “Can a used car truly be better than a brand-new showroom car”? Read below. Advantages of buying a used car:
- Depreciation.
Let’s be honest – cars depreciate.
With a few remarkable exceptions, buying a new car as an investment is a bad idea. Cars last longer and longer, but they still lose a substantial part of their value early in their life cycle. Although some models handle depreciation better than others, most buyers can expect a new car to lose up to 50% of its value within three years of hitting the lot. Despite all the benefits that come with new cars (warranties, free maintenance, low financing), the unavoidable law of depreciation remains a significant expense and a wonderful reason to buy used cars.
- More car for your money.
This is where buying a used car can be much better than budgeting for a new one.
Your budget might only allow for a base model or entry-level car in the new market, but if you buy used, the same budget can buy you something significantly fancier or better equipped.
- Certified pre-owned options.
For many buyers, having a warranty to protect them against defects in the car is worth the amount they pay for a new car. Today, however, virtually every car manufacturer offers some version of a CPO program, making buying a used car much less of a nerve-wracking endeavor. 
CPO programs vary by manufacturer, and there is a significant difference between manufacturer-certified and dealer-certified, with the former almost always offering a more robust package. All manufacturer-certified cars include a certain level of warranty (though mileage and time vary) and often additional benefits such as free roadside assistance or a free loaner car when you need to go to the shop.
- Variety.
Annually, about 350 new car models are sold in the Ukrainian market. This may seem like quite a large number, but it is significantly fewer than the number of models available in the used car market. Everyone has different tastes, and the car you want may no longer be in production. Fortunately, the used car market is here to help!
- Lower insurance costs.
The cost of your car is the primary factor your insurance company considers when determining rates.
It makes sense – the more expensive the car, the more money they might potentially have to shell out in the event of a crash. It’s clear that a used BMW will cost less to insure than a new one, and it all comes back to depreciation. You may not notice a difference between your 3-year-old BMW and a new one, but rest assured, your insurance company will.
- Lower registration costs.
This depends on where you live, but registering older cars often also costs less. 
Cars last longer. There’s a reason why nobody sells cars today with 5-digit odometers. The CPO warranty option should ease many used car doom-mongers, but the very existence of these CPO programs confirms the indisputably comforting truth: cars last longer than ever. In terms of mileage, 200,000 may not be the new 100,000, but nonetheless, automakers have made impressive strides. Used car buyers should ensure potential purchases are checked by a mechanic, but often concerns about the remaining lifespan of a used car are worth dispelling.
8. Vehicle history reports make used purchases less risky. If “cars last longer than ever” isn’t enough for you, perhaps the availability of vehicle history reports will help. This has aided buyers in achieving greater peace of mind when choosing used cars. 
Thus, one of the charms of the used car market is its inexhaustible potential.
And of course, you save a colossal amount of money on the car purchase. Furthermore, when buying a new car, you usually have to wait for some time. On the other hand, when you buy used, the transaction is quick and simple. Usually, you can take the car home the same day.