subject: Should You Buy A Used Car Or New Car? [print this page] Planning to get a new vehicle but you can't decide which kind of vehicle you are going to buy? Well, buying a new vehicle can be a daunting task especially if you do not have any idea about cars. The first question that you must resolve is whether you will buy a new or used car. The other questions that will follow are, what kind of vehicle you are going to buy, the features, colour, etc.
So to help you decide, here is a brief explanation of the advantages as well as the drawbacks of a used and new vehicle.
The advantages and drawbacks of buying a brand new vehicle
New car deals have their own advantages. First, you are assured that the vehicle is in perfect shape and excellent condition. You can choose the style and color that you want and new vehicles offer more innovative features. Furthermore, when you purchase new car you will get a full term vehicle warranty. You also won't have to spend too much money on the maintenance of your vehicle.
However, the drawback is, you will need to spend thousands of dollars to get the type of vehicle that you want. And when you do plan on selling the car, you will be surprised, as you will be forced to sell it at a very low price. Value of a car depreciates quite rapidly. Besides that, you are also bound to pay high insurance rates.
The advantages and drawbacks of buying a used vehicle
The major advantage of buying a used car is that, you will get it at a very reasonable price. People who have a tight budget usually buy a used vehicle. Apart from that, the reliability of used vehicle nowadays is still excellent. You may spend a few pounds on repair and additional features but the total cost of expenses is much less compared to the expenses of buying a new car. And lastly, the insurance payment for a used vehicle is cheaper.
The drawback of buying a used vehicle is that, you will need to purchase new tires, etc. You also have to pay the full payment at once, unlike in the case of new cars where you can pay on monthly basis. Besides that, the warranty program is also limited.
In general, due to the latest technology and innovations, the reliability of a used car is no less than a new vehicle. You can get a used vehicle at a very affordable price without sacrificing your own comfort. However, if you are really keen on purchasing a brand new automobile make sure that you buy it because you need it and not because of a random whim. Conduct a comprehensive research about new and used vehicles and look for car dealerships that offer discounts, or money back guarantee if there's any. Be a wise buyer and protect your hard-earned money.
