Buy a New or Used Car?

 

Should you buy a new or used car? This is one of the questions you may have when looking to buy a car. Check the points below to decide:

 

Price

Should you buy a used or new car? There are pros and cons with both. The obvious difference is price. The moment that new car is driven off the subaru dealers mccomb ms lot, its value drops a thousand dollars or more immediately. As the years go by and miles accumulate, the car keeps depreciating in value. Buying a used car can save you a considerable amount of money, allowing you to afford a car with more features, such as leather seats, power everything, premium sound system, etc. Suddenly that luxury car you've had an eye on is attainable if you buy it used.

 

If you want peace of mind and can afford the price of a new car, that may be the best option for you. Buying a new car just for the new car smell is not a good idea, and if you receive a mediocre/bad interest rate coupled with a low down payment, your car's actual value will be less than the loan amount. To get the best loan rate possible for your new car, search online for deals.

 

Warranties

A new car also comes with a warranty and is less likely to break down, but it can happen. Dealerships love to hock extended warranties for their cars. Ask yourself why they love selling them? Because they love making money off of these extended warranties. Car dealerships are middlemen when they offer extended warranties, adding their own markup to make more money off of you. Extended warranties can be a good investment, but do not buy a warranty from the dealership. Buying your extended warranty straight from the source can easily save you hundreds of dollars. Check out https://www.reference.com/vehicles/large-used-car-dealerships-northern-virginia-4c8c2c9ae974be18 to know more about car dealers.

 

While a used car won't have the full original warranty when it was new, it may still last months, even years. You may be surprised how many 1-3 year old cars in pristine condition are sitting at subaru dealerships gulfport with a nice chunk of their original warranty still intact. Manufacturers and dealerships now offer certified used cars, which are said to pass a series of inspections. These certified used cars also come with better warranties. The downside? Being certified boosts the price of that used car, sometimes by thousands of dollars.

 

Consider the two points above to decide whether to go for a used or new car.