subject: Pre-owned Cars - Worth the Money [print this page] Pre-owned Cars - Worth the Money Pre-owned Cars - Worth the Money
When considering the purchase of a car, many factors can play a key role. The biggest decision for many is whether to buy a brand new vehicle or a pre-owned one. A good question comes to mind: are pre-owned cars worth the money or it is better to invest in a new car?
Unfortunately, there is no one decisive answer. There are definite advantages to buying certain pre-owned cars, just as there are benefits of purchasing a factory new automobile. Coming to the best decision is a matter of knowing what is right for the individual, and weighing both sides. Whatever route the person chooses, comparative shopping is a must. It's a good idea to keep in mind certain features that is essential and needed, so whether choosing a pre-owned car or a new one, the driver will be covered.
Advantages to buying a pre-owned vehicle can be lower monthly payments due to lower cost. In some cases, paying for the car outright can be an option for many. Choosing a factory certified pre-owned car with a warranty is a good idea, because buying a used pre-owned car 'as is' can be a risky endeavor. There may be hidden flaws and defects which need repairs that can add up to huge costs incurred for the unsuspecting buyer. Acquiring a used car with no warranty may cost more in the long run.
Another disadvantage to buying a pre-owned car is that there will typically be no rebates offered. Rebates on used cars can bring costs down considerably and may make payments more affordable in some cases. of course, this is not always the case, especially when it comes to new luxury priced cars.
While some prospective buyers may be inclined to believe that pre-owned vehicles are less reliable than a new car, this is not always true. Many used cars may have been kept in meticulous condition and may have been driven for only a short period of time. A pre-owned vehicle that is only a year old may have many years of reliable service left and can be purchased at a great deal if the buyer is fortunate enough to be in the right place at the right time.
The bottom line is, if one is pondering whether a pre-owned car is worth the money, that all depends on what's involved in the deal. There are several things to consider, such as warranties, rebates and overall condition of the vehicle. Another consideration that may come into play is the cost of auto insurance on a brand new high scale luxury car. Even if the price is right on the car itself with incentives such as rebates, the cost of insurance may be high and overshadow the benefits. Careful consideration and planning will lead to a smart choice when deciding whether to purchase a pre-owned or brand new car.
