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1 September 2010

Buying A Used Car Vs. A New Car

A brand new car is a delightful thing. There are no dings, no places where the paint was scratched by the garage door, no smell of something that was spilled months ago – it’s perfect inside and out. Is a used car a better deal, or should you treat yourself and buy a car brand new from the dealership showroom? Each option has pros and cons.

Used cars carry much easier on the wallet price tags. In fact, the minute you take a new car off the lot, it loses a large portion of its value. A new car is still new on the second day you own it. It still has a lot of use left, no scratches and it still smells new. But if you were to try to sell it, it isn’t a brand new car anymore, and that difference translates into dollars. It would be reasonable to imagine that the value of a car would decline little by little over its useful life, but that’s not how it works. It loses significantly more value during its first few months and years. In the end, the value levels off and its value is determined solely by its condition – but it still has some value.

The potential unknown factors are the largest disadvantage of buying a second-hand car. Why did its last owner get rid of it? Does it break down a lot? Was it maintained properly? Did it get all recommended oil changes and maintenance? Has it experienced flood damage or been involved in an accident? Finding out the answers to these questions is much easier now that it has ever been. A Carfax report tells you the car’s history, and many dealers offer them at their expense. Has it been involved in any accidents? How many owners has it had? The information age has made it much easier to compile this information by tracking a car’s vehicle side effects cialis id number.

A used car probably won’t last as long as new car would, and that’s a another disadvantage. Repairs will be needed sooner. The age of a second-hand car plays a big role in this factor. If a car is still fairly new, it may still be under the manufacturer’s warranty. In fact, many car dealers sell ‘certified vehicles’. Certified vehicles have been inspected, had any necessary repairs and maintenance done and have been deemed to meet certain quality standards. You won’t have to worry about major repairs for a period of time if you buy a car that comes with a warranty. If a used car does not come with a warranty, the key is to have your mechanic look it over before you buy it. Compare the price tag to the condition. If you accept a car with some problems, you should get it for a lower price. Of course, there is a limit. A car that’s about to expire isn’t worth any money at all – except to the junkyard.

You already know the bad news about brand new cars – they cost a lot. There are some benefits too. First, a car made today will last longer than a car built even a few years ago, because engineering is improving so quickly. Also, if a new model that you like has just been released, you won’t be able to find a used one. Infiniti has recently released its G37 Convertible. If you can find a used one, it’s probably at a premium price for a used car. You might be better off just to buy it new.

Ultimately, used or new is a personal choice. It will probably depend a lot on the type of car you’re looking for. Whichever route you choose, do your homework and consider both options before you make your choice.

Written by Hannah Valez Green Bay Used Cars, Used Cars Las Vegas or Used GMC Trucks






Related posts:

  1. Buying A Used Car? Are There Any Benefits Over Buying New?
  2. Buying A Used Car Check-list
  3. Helpful Tips On Buying Repossessed Vehicles From Public Auctions
  4. What To Consider When Buying A New Car
  5. Don’t Be Intimidated By The Prospect Of Buying A Used Car
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