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The Benefits of Buying a Pre-Owned Ford
When buying a used car, you are aware that they are more susceptible to possibly breaking down in the future, and costing you money. If you want to avoid this for as long as possible there are so many important aspects to consider - the mileage, the age of the car, does it have a full-service history and - the manufacturer's reputation. This can have a big impact on your decision, and rightly so. Therefore, buying a used Ford is a sensible decision, here we will go through why in more detail.
Used Fords regularly feature in the top lists of used cars. Their reputation stems from their reliability and the opinions of motorists who have experienced years of trouble free or often limited hassle ownership. A used Focus for example has a reputation for having less than major issues when it comes to repairs. As it is one of the US’ most popular cars, there will always be reports of problems and things that have gone wrong, but that is based more on the volume of these cars that are on the road compared to it being a regular issue.
Many factors affect the price of any used car, including mileage, condition, does it have a full-service history? Location, spec and many more. Depending on where you find your information, you’ll see that a 2010 Ford Focus hatch back has an average price of around $7,500-$10,000 with a mileage of around 65,000 so you can get good value.
The fact that a Ford Focus featured in The Telegraph's list of 10 depreciation busting cars (at number 7 no less) means that this is a car that won't end up hitting your wallet in a couple of years in the same way many other cars in its class might. Most depreciation takes place in the first year. Indeed, it is often said that your new car drops significantly in value the moment you drive t off the forecourt. You can find that a Ford Fiesta Hatchback will depreciate on average around 30-35% in the first year and by the third year just below 49% on average. This sounds like a lot but it is very competitive.
Like the other categories this will depend on a few important factors such as your age, how many years of no claims you have, the specifications of the Ford and many other elements. However, a Ford is generally considered to be a very good value car when it comes to insurance. If you are a first-time driver, the Ford Focus is considered amongst the best for insurance at a time where the prices are particularly high for your demographic.
It is hard to find fault with a used Ford in today's market, when you consider that whatever purchase you make, with a used car there are always risks, but there seems to be fewer with a Ford when compared to some of the closest rivals for their spec.