The Proton Saga Fl was launched in 2011 and is one of the most popular locally manufactured cars. If you’re thinking of purchasing a second-hand car, the Saga Fl would be a good option. Read more about why you should invest in a used car below!

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Why the Saga FL is a good second-hand investment

Purchasing cars are a liability as the value drops after we step into it. Nevertheless, a car is still a necessity especially if you live in a big city like Kuala Lumpur. Aside from that, we have the option of purchasing a second-hand cars which offers the financial advantage over brand new cars. Among the locally made cars, Myvi has always been the go-to car especially for college students. Nonetheless, there are other cars such as the Saga FL from Proton Malaysia that would make a good second-hand investment.

Price negotiation

Generally, it is tougher to get a good discount when it comes to brand new cars. But for second hand cars, the dealers are more open to negotiate on the price. However, do be a smart buyer and make sure that the car covers the on-the-road cost.

Car depreciation on previous owner

Other than the obvious financial advantage, another benefit of buying a used car is that the previous owner had to take the depreciation hit. If you’re lucky enough to get your hands on a car that is only a few years old, technically you’re getting the benefits of a new car without having to pay the full amount. It is also easier to pay off a used car with cash if you don’t plan on taking up a loan.

Leads to greater things

Although you are currently owning a second hand car, it would not be your forever car. Buying a used car is not a loss especially if your job requires you to own one or to carry out daily activities. In turn, this current investment could be worth it in the long-run when you purchase your dream car.

Decision making

Before you purchase a car no matter if its used or brand new, do ensure that you have enough cash to cover the monthly installments. Take the second hand Saga FL for example which costs roughly RM 15,000. A good rule of thumb is to pay of the car within three years, so do make sure to set aside at least RM 5,000 to prevent any late payments.