When looking to buy a car, one has the option between used and new. Which one is the better choice? When you hear the word used, you probably think of a 15 year old clunker that is rusting away. A used car lot might remind you of a sleazy salesman that wants to sell you that car at an overinflated price. But that couldn't be further from the truth. Most of the time you are getting the most for your money when you are buying used. This means you are getting a new used car that you can enjoy at a great bargain compared to a brand new one.
Even though buying a used car over a new car should be a no-brainer, there are some thing that should be considered before running out and making such a big purchase. When making a big purchase you want to make sure to do research ahead of time and weigh your options.
Some of the pros of a new car is that there are no miles on it. It is a brand new car after all. When buying a new car from a car lot, you get to pick the features that you like, the color, and any extras that you might want to include. Some of the cons of a new car is the very high price tag that is often coupled with a high interest rate if you decide to finance it. This could mean that over the years you will end up paying more than you expected.
Some of the pros of purchasing a used car is the lower price tag compared to a new car. Some great features and options that you like in a car might be already included in the sale price. Includes a warranty that is usually cheaper than buying an extended warranty for a newer vehicle. Some of the cons are that it has been used by somebody before. Most of the time you don't get to pick the vehicle color since used car lots usually only have one car per model on the lot.
So as you can see these are just a few factors that you need to consider when deciding on buying a used or new car. So if you know what you want and what you are willing to pay for before shopping for a car, you are well prepared to make the right decision.