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Three Varieties Of Used Cars Ontario Residents Tend To Show Willingness To Pay Hefty Prices For Without further ado, the three varieties of used cars Ontario residents tend to show willingness to pay hefty prices for include: 1. Used cars with relatively low mileage readings. In the used car market, mileage readings are typically taken more seriously than cars’ chronological ages. That is because you can have cars which seem to be quite new in terms of their chronological ages, but whose mileage readings are alarmingly high. This would indicate that, notwithstanding the relatively low chronological ages, such cars have been thoroughly used (and may, as such, have limited utilitarian value remaining). On the other hand, we often have cars which seem to be quite old in terms of their chronological ages, but whose mileage readings are rather low. Provided that such mileage readings haven’t been falsified, this is taken to be an indication that the cars are still ‘young at heart’ notwithstanding their relatively high chronological readings. Now we come to learn that most used car buyers are aware of these things, and are as such typically willing to pay more for used cars with relatively low mileage readings. 2. Well maintained used cars. This element typically has to facets: the one that touches on the physical appearance of the used cars and the one that touches on the mechanical condition of the cars. Used car buyers tend to fall in love with cars whose physical appearance is attractive, especially if their mechanical condition is superb as well. That being the case, they are inclined to pay more for such cars – even if they happen to be relatively older. 3. Prestigious brand used cars. Here, we are looking at the types of cars that most people would be proud to be seen driving. Realizing that they can’t afford new cars of such brands, many people who really desire them tend to turn to the used car market: where they typically show willingness to pay (relatively) hefty prices for such prestigious brands. This is especially the case if the prestigious brand cars also happen to be well maintained and relatively new in terms of chronological ages and mileage readings. |
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, Dec 7 2011, 6:33 AM EST
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