It’s debated like driving an old car: is it better to buy a new car or buy a used car? Many riders prefer to buy a new car despite the large financial burden that it entails. I considered many options and looked at new and used cars before purchasing my new car in 2010. The following are three reasons why buying a new car may be the best choice for you.
They don’t have new cars, Secret Past
When you buy a new vehicle, one of the biggest advantages is that you know it’s new. It comes direct from the dealer and will have very few miles on it. My last new car only had seven miles on it when I picked it up. Many drivers are such that they can be 100% sure that driving a car has no secret past. The past history always flows with a used car. When buying used, you can never be completely sure that the car has been maintained and driven.
New Car Warranty
New earbuds come with an excellent warranty to cover manufacturing defects. The latest coaches are bolted on for three or more years up to maximum mileage and will cover almost any failure occurring during that time for worry-free motoring. When buying new, drivers are assured of new car insurance to avoid being caught in expensive repairs in addition to their car payment. Often drivers will take their new car in for an inspection just before the warranty expires to see if any repairs need to be made. This covers the device. My car is now two years old and the bumper sticker is still covered under warranty. . I recently had a window frame crack in a piece of travel in my car and the repair was covered by the warranty.
There should be no major investment.
Buying a new car is a big financial decision. Manufacturers know this and often offer incentives to buyers to purchase new cars. Often this will be in the form of discount financing with very interest-rate over 60 months or more. Sometimes manufacturers will even offer a cash incentive for a new purchase. When I last bought a new car, I got a cash incentive of $3000 and 1.9% cash back over 5 years. When I crunched the numbers, the cost of buying a two-year-old model of my car was the same price as buying a new one. The two-year investment model was close to 7%, which benefited from a high level of funding.
Buying a new car is a big purchase, but it can be a good decision. As with any big purchase, a little research can pay big dividends.
