Buying New vs Used Car: What You Need to Know

When it’s time to upgrade your ride, there are plenty of decisions to make.

After all, cars now offer more great features than ever before. From navigation to deluxe entertainment systems, it’s possible to buy just about anything you can imagine.

And yet the first decision you’ll need to make is whether to buy a new or used car. 

There are definitely a variety of factors to consider when it comes to choosing between new or used. Fortunately, this article will help make the buying process a little easier.

Here we take a look at buying new vs used car so you can feel good about your new wheels. Keep reading to learn more.

Pros of Buying New 

Let’s start by discussing some of the advantages of buying a new car. 

One of the biggest advantages is the fact that a new car has been driven few if any miles. This means everything is new, the engine is in ideal condition, and you can likely count on it running great for many years with proper maintenance.

You’ll also get a full warranty with a new car, which will typically cover engine repairs for at least 50,000 miles or 3 to 10 years. 

There’s also something exciting about being the first owner of a car that’s hard to beat.

Cons of Buying New

The most obvious drawback of buying new is the cost. After all, the instant you drive a new car off the sales lot it will drop in value.

You can also expect to pay more for a new car than you would for a used version, even if it’s the exact same make and model.

Pros of Buying Used

The key advantage of buying a used car is savings. That’s because cars lose a portion of their value the moment they’re purchased. This means you can save a nice chunk of change by opting for a pre-owned model.

Another advantage is the fact that a reputable used car dealer will typically offer some type of warranty, especially if the car is purchased by a dealer who’s certified by the manufacturer.

There are tons of great pre-owned makes and models to choose from, including these used cars.

Cons of Buying Used

It’s no secret that many pre-owned cars have a lot of miles on them. This means they’ve experienced a certain amount of wear and tear. Thus you need to be extremely cautious about the type of used car dealer you buy from. 

In addition, there’s no guarantee that used cars for sale at your local dealership will come with a warranty. In other words, you’ll just have to take your chances once the purchase is complete.

A Consumer’s Guide to Buying New vs Used Car

There’s no denying that trading in your old car can be exciting. It can also be confusing. Fortunately, this guide to buying new vs used car will help make the process less stressful so that you can find the perfect vehicles for you and your family. For more buying guides visit Prestige Cars here to learn more.

Please continue exploring the content on this blog to discover more cool automotive-related tips and advice.

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