| Nevertheless, a pre-owned car does not necessarily translate to
instant savings. Do note that there is a transfer fee of 2 per cent
of the car value which must be paid to LTA for a pre-owned car. Therefore,
it may not be wise to purchase a used car if the difference between
a brand new one and a used one does not constitute a considerable
amount.
You should also bear in mind that there will be additional cost
incurred when getting a used car – changing the brakes, battery,
tyres etc. The price difference between a used car and a brand new
one should significantly outweigh all the abovementioned costs.
Lastly, do try to get a trusted evaluation company like STA to
check if a car has been through an accident. Such signs will not
be easy detected by the naked eye. After all, the last thing you
want to buy is a lemon.
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