Potential car buyers have a huge range of possible cars to buy when it comes to finally making a decision. One of the most important considerations is whether a new or used car is better. This selection depends on several factors. Each one varies from person to person, making the right choice unique to the situation. Many places similar to John Hughes have both new and used cars, which can make the process a little more simpler to compare cars.
Budget
Budget considerations are always an important factor when selecting a vehicle. Anyone with concerns about spending should look at used cars first. These less expensive options offer many of the same features that are found in new models.
Many dealers as well as manufacturers offer special programs that include a limited warranty for added security. You should also look into car finance deals.
Repairs
In some cases, used cars are more likely to require repairs. This ranges from simply changing filters to expensive problems such as engine failure. A thorough check of any vehicle may indicate future problems.
Prospective owners should have any vehicle examined for issues that could become costly later.
Customization
Anyone seeking a combination of their favorite features and colors should look towards new models. Many automakers offer websites that give users the chance to customize any vehicle currently being produced.
These editions can be more expensive but the list of options is usually extensive. Consider some used models as well. The selections available may match many popular features.
Insurance Rates
Insurers look at the current value of any vehicle when creating a quote. Newer vehicles with a higher price could lead to higher rates. This also depends on several issues including make, model and color.
Used vehicles in categories such as sports cars may still carry a large premium due to safety issues.
New Technology
New cars often feature the latest advances on the market. Special consoles allow passengers to view videos or websites. Navigation allows the driver to easily reach any destination with the most updated maps.
Many new cars don't even have CD players anymore. USB ports provide a convenient way to hear selections from MP3 players.
Value
New cars instantly begin to depreciate at the time of purchase.
Car owners continue to see a drop in estimated value with each additional mile added to the odometer. Used cars may be settled or close to achieving a base for what the price will be over time. Several websites as well as guides provide current data for each vehicle.
Fuel Efficiency
Used cars manufactured before a certain year could have problems meeting fuel efficiency standards. These models could lead to more refueling and stops that become more expensive over time.
New vehicles have to adhere to strict guidelines concerning city and highway mileage. Actual miles per gallon varies based on several considerations. Always ask for more details as well as figures to make a thorough comparison. Both new and used cars offer a distinct set of advantages as well as disadvantages for buyers. Knowing the difference can give consumers a better shopping experience that results in the best choice for their unique needs at the time.
Photo source: TaxCredits.net
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The biggest/invisible/disregarded cost of new cars is depreciation – you know – drive it out of and straight back into the showroom and you’ve already lost $thousands.
I told a colleague asking for advice – ‘buy the cheapest car your ego can afford’ – he bought a good condition older car and has since had a child with autism and I think he’s happy he saved the money.
Yes new car smell is nice (plastic offgassing – hmm – may not be healthy?) but if your new car loses say $5k in the first year, would you rather pay $100pw for that new car smell, or instead have an overseas holiday you can remember for a lifetime?
My tip is to only buy what you can afford! Whether it be new or used, make sure it is within your price range.
Don’t forget that sometimes these days new cars can cost less than used cars, depending on where you live. Some dealerships will do anything it takes to get a deal.
I bought a used car that I paid off last year. I have had some mechanical problems with it, but for the most part I have saved a lot of money by buying used!