Many people have an ongoing debate with themselves on whether or not it’s a good idea to buy a used car. As almost every car can immediately depreciated in value as soon as it leaves the lot, many people swear by the idea of picking out a used vehicle. Buying a car that slightly used often ensure is that you can still get a great car with plenty of value at up to 25% off the sticker price. Although the price point can be tempting, there are a number of deciding factors that may sway you on the choice of new vs old:
The advantages of buying a new car
Although a brand-new car can be a little more expensive it allows you to customize all of the options on board. You can get a vehicle that is designed to suit your needs and with the trim options that you would like best. Another massive advantage of getting a brand-new vehicle is that you can enjoy many years of driving worry free. With the help of a comprehensive car warranty you can make sure that you have coverage that will deliver the longest lifespan for your vehicle. New car financing is often far more competitive than used vehicle financing as well. You could get access to 0% financing with a variety of vehicle loans and this can make the process of financing a new car much easier.
The advantages of buying a used car
A used car can come with a series of advantages especially when it comes to initial cost. Buying a used car through a certified preowned program will make sure that the used car you are buying has been through inspection and some form of reconditioning. Used cars that undergo this program do often come with limited warranties as well. If you’re considering a car that a few years old is a good chance that you may have to spend some money on repairs soon after purchasing your vehicle. A car that’s one to two years of age will still give you access to a comprehensive factory warranty but purchasing a car that’s 3 to 4 years of age could only lead to added expense which is not worth the upfront savings.
Consider some of these top factors when you are looking for a new vehicle. Remember that the great deal that you could get on a used car may not be worth the extra hassle associated with the purchase.
Good points there. For the used cars, its either getting one still under warranty or an older one that is known to be reliable for high mileage. Either way, taking a good care of the car by proper maintenance and learning some mechanical stuff would maximize the lifespan of the car and the cause of owning it.