It’s the first question many car buyers ask themselves before starting their search: should I buy new or used?
The truth is, there are advantages and disadvantages to both new and used cars. It is important to know what to look for when buying a car so you can make an informed decision once you decide to buy.
More 12 million new cars were sold throughout 2012 in America. The main appeal of new car shopping is that you get the opportunity to order a custom vehicle with specific features tailored to your tastes. New cars come equipped with the latest in safety technology. When new car shopping, you’ll be looking at cars with a clean history — no accidents, no wear and tear.
A great convenience of new car shopping is that new car dealers will often attentively and actively search for the car that best fits your preferences, taking much of the work off your hands. You will be able to drive a new car longer than you would a used car, as well — according to AAA, a vehicle’s average lifespan is currently about 11 years.
However, new cars are more expensive than used cars. According to Time Magazine, the average price for a new car sale in 2012 was $30,500. If you are on a budget, new car shopping can be a headache. The cheapest new cars will most likely be small, with few to no special features.
The main advantage of going used car shopping as opposed to new car shopping is that many used cars provide the most car for your dollar. There’s no huge loss in market value as a result of depreciation
Costs of used car maintenance will likely be a regular fact of owning the car. Be prepared to spend a good amount of money on upkeep in addition to your car payment. In contrast, new cars are normally under a warranty from the dealership for at least the first three years after you buy it — if your car needs a repair, it will be the responsibility of the manufacturer to fix it, for free. But if you intend to drive your car until it stops running, a used car might ultimately be your best option. Reference links: hudiburgnissan.com
