Monday 2 September 2013

Should I Buy New Or Used | Car | Truck | SUV




When buying a new or used vehicle many questions come into play. These questions running through your head are all very important and should be answered so that you know exactly what fits your lifestyle, wants and needs. Don't settle with anything, it's a big purchase and you should know what you want. Here are some points that might help your decision when buying a new or used car, truck or SUV

ADVANTAGES OF BUYING NEW

It’s Not Used - I know stupid point right? But it's worth explaining. A new car hasn’t been in any accidents, hasn’t been mistreated by unknown weirdoes, doesn’t smell bad, has seen no wear, and comes with a clean service history that includes only being driven off the line, onto a transporter, and around the dealer’s lot.

 Warranty - The new car’s warranty isn't...used. You can buy warranties for used cars or go the certified preowned route, but the best warranty you can get, without paying extra, will be the one that comes with a new car from the manufacturer.

 Safety - Safety is becoming more and more important. Vehicles today need to pass specific tests to be manufactured. Older cars that are used have the standard safety features. New cars are loaded up with extra air bags and improved crash technology.

 Leading Edge Toys - Today, cars are coming with standard technology like bluetooth and touch screens. In previous years you had to get the upgraded package to enjoy these features. New cars just simply come with them, even in the lower end models.. You will be surprised.

Vehicle Maintenance - New cars now, (especially luxury models) come with free service. Example; Oil Changes, Tire Rotations etc. You wont get that on a used vehicle that's for sure.

Get What You Want - When buying new, you have the option to build your vehicle. Get everything you want. Dealers can build them and they will take 6 - 8 weeks to manufacture.. OR sometimes dealers can locate them from a sister store or competing dealer.

Better Fuel Efficiency - Cars are largely getting more fuel efficient, even while simultaneously getting more powerful. The newest diesels are cleaner than ever before, and choices in the hybrid segment are growing, too, if that’s your thing.

 Financing - Banks offer lower financing rates on new vehicles because the vehicles are worth more and have not already been hit by depreciation. Keep in mind that, when the lower APR still applies to a larger sum, your payments or total cost may still be higher. But if you plan to finance, check your deals before buying. The cheaper car might not turn out to be the better deal in the long run.



ADVANTAGES OF BUYING USED 

 Price - When you compare apples to apples, a used car is going to be less expensive. The advantage of the used-car price can also allow a buyer to step up to a nicer model.

 Depreciation - Cars lose value with each passing month and mile, but the steepest decline happens right away; some models can lose 40 percent or more of their value in the first year. With a used car, there’s no depreciation hit the second you roll off the lot. There’s also less mental depreciation, no need to worry about the first parking-lot ding or rock chip in the paint because chances are the car’s previous owner or owners took care of those for you.



Insurance Rates - Like financing, insurance rates will be affected by the age of a car, but in this case the used vehicle tends to be less expensive. A little bit of pre-purchase research will save you from insurance sticker shock, no matter which vehicle you choose.

 Choice — Although you obviously can’t build a used car to order, maybe you want a model, option package, or even wheel design that’s no longer made. This wider selection can add to the length of the search, but perfection and satisfaction rarely come easily.

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