The process of buying a car brings out lot of questions, but amongst all, the first and the most important is: should you go for used or new? Each has its individual benefits as well as demerits, based on which you can decide either to opt for used cars or not. The first impression that hits the mind with new car is that it is more advantageous and effective. But the same holds for used cars as well and in many instances it can be even more beneficial.
Advantages of used cars
The main advantage with used car is that it is less expensive compared to brand new ones. The user can step up to a nice model within their budget. This is one of the biggest features of used cars no matter what brand or model you select, the used models are far less in price compared to the new ones. This helps the user to opt for high range models and get more features. With used cars, you can get that satisfaction and perfection quite easily, as you can necessarily add and remove aspects, which will make it perfect. In other ways, you can build a used car juts the way you want your car to be.
Depreciation is quite common with new cars, and the steepest decline happens in the first year itself. There are many models, which may lose forty percent or even more in the first year. With used cars you don’t have to face such problem, this is completely out of the equation. With used car, there is a less mental depreciation, and owner can use it without any worries. Insurance is another aspect, which is affected by the age of the car. With used cars you can get less expensive insurances rates, a little market research before buying can be helpful.
Disadvantages of used cars
The main issue with used car is that you never know whether it met accident, mistreated by evildoers, seen so many wear and tear, no clean history, etc. This all adds to its demerit list and is not what you get with brand new models. With new cars, you get a warranty which is untouched, but with used cars you have to buy a warranty which is not from the manufacturer. New models are always technically sound, and everything is just perfect compared to used models.
Used cars won’t have any latest gizmos, shine and other special features, which are quite common with new ones. Safety is also an important issue with used models. All new models have well-equipped safety system such as airbags, blind spot detecting system, car parking assistance and many more. The new models have higher fuel efficiency as well low emission rates. Maintenance cost is also quite less with new ones and owner get good mileage. Another advantage with new car is that the owner gets low finance rates because the vehicle is inherently more worthy compared to the used ones. Each has its merit and demerit; it is the owner who will decide which one is more beneficial for their purpose.