When you are in the market for your next car, there are many decisions you need to make. Some of these are immediately obvious – or, at least, not too difficult to figure out.
One of the first things you need to consider is whether to buy a new car or a used one. This can often be a trickier decision to make than many people think.
There are many pros and cons of both new and used cars. Deciding what to go for can be difficult, even for the most experience motorists.
If you are currently in this position, then this short guide might help you. We will be looking at the advantages and the drawbacks of both new and used vehicles. Without further ado, then, let’s take a look at both, starting with new.
Buying a new car is something which many people do at some time or another in their lives. It is, in truth, a pretty different experience on the whole to buying used. But what are its major benefits?
One huge advantage of buying a new car is that you will always get a warranty with the car. This is the case regardless of where you get the car from. Warranties can be extremely useful, as they offer a kind of security if anything goes wrong. It certainly helps having that safety net feeling when you are splashing out on a new car. After all, you are spending more than you would on a used one, so it helps to know that you have something to fall back on if the worst happens.
With a new car, you also know the vehicle will be reliable. This is something which new cars have over and above used cars. A used car may turn out to be reliable, of course, but with a new car you can be pretty sure from the outset that you have a reliable vehicle. It’s unlikely that you will need to take it to the garage anytime soon, and if anything does go wrong you have the warranty to fall back on.
On the downside, a new car is – of course – much pricier than a used one. Naturally, you get what you pay for, but for some this might be enough to put them off. There is also the issue of depreciation. Over time, the car will lose value, some see this as being a good reason just to go second-hand in the first place.
With that in mind, let’s take a look at the advantages of buying a used car. The marketplace for used cars is huge, so it is likely you will buy one at some point. With a used car, the most obvious benefit is that you are likely to be spending much less. This makes it a great choice for when you want to watch the pennies.
If you look around, you can find some extremely cheap cars on the used market. What’s more, with their lower depreciation, some argue that you are making better use of your money. This is a matter of opinion, however.
On the other hand, buying a used car gives you no guarantee of the history of that vehicle. In truth, anything could have happened, and this could land you in trouble.
While this doesn’t happen often, it does still occur. One easy way to get around this, however, is to shop through a dealer like Pentagon-Group. A dealer which offers both new and used vehicles is likely to be more trustworthy. The other major disadvantage of a used car is that you are unlikely to get any kind of warranty, depending on its age. This means that if something goes wrong, you need to pay for it.
New and used cars have their pros and cons, ultimately, the choice is up to you. It depends partly on your finances, and on your preference of car. Buy used, and you spend less – but you can get less. However, depreciation means that this might be worth your while. Buy new, and you get the fancier experience of a new car – but at a higher cost.
Whatever you decide on for your next car, the main thing is to take your time and shop around before rushing into anything.
Buying a car can often take longer than you initially expected, it’s just part of the process. Choose your car properly though and you should have a vehicle which lasts you for many years.