Many car buyers are torn between buying a brand new versus a pre-owned car. And they should be, considering the significant price difference between the two. Of course, it all comes down to what a car buyer is looking for or what he/she specifically needs. Do you want a car with higher seating capacity? Are you looking for an All-terrain drive? What specific style and design do you want?
Regardless of what you are prioritizing when out shopping for a car, here are 3 benefits to consider for each option.
Benefits of Buying a Brand New Car
- Reduced maintenance cost.
Buying a new car doesn’t require maintenance for at least the first several thousand miles. Even when the need for maintenance emerges, it will usually be cheap, such as an oil change or tune-up. In addition, more car manufacturers are covering the cost of routine maintenance services. Be sure your manufacturer of choice provides this complimentary service.
2. Warranty
You get a manufacturer warranty along with your brand new car. The warranty usually lasts for at least 36 months while others last longer. Under the contract, if something goes wrong, the manufacturer and dealership are accountable for making the necessary repair or replacement on the faulty car.
- Roadside assistance.
Aside from the warranty provision, buying a new car also gets you complimentary roadside assistance for as long as the warranty is valid. The manufacturer may even reimburse or offer emergency transportation if you get stranded somewhere.
Benefits of Buying a Used Car
- Flexibility in price.
You will find a wide range of used cars lined up in the yards of local dealerships, so you have more than enough options price-wise. In addition, most dealerships are prepared to be more flexible when negotiating with car buyers. This buying a car infographic from Clydesdale Bank suggests a price difference of $20,000 exists between brand new and used cars.
2. Variety
Same with the price point, buying used cars offers you variety. You can buy virtually any make or model year, which is a great feature for car enthusiasts who know a ton about automobiles. Whether it’s that 2005 Jeep Wrangler or a 1979 Mustang Turbo, you will likely found one or two cars that will fit the bill.
- Certified pre-owned programs.
Thanks to these programs, used cars feel and perform like their brand new counterparts while costing up to 30 percent less. Affiliated dealerships even have the option to buy a late model used car and get the balance of the initial warranty.
Buying used or brand new cars has it’s advantage and disadvantage. It depend of your budget and preference whether you buy a brand new or a secondhand car. Thanks for sharing this post. Good job.
This is some great information, and I appreciate your point that used cars are flexible in price. I moved to college this last summer, and I’ve been using public transportation to get around, but it would be nice to have a car of my own. I’ve been saving up money, but I don’t think I could afford a new vehicle, so I’ll definitely look into getting a used one instead. Thanks for the great post!
Thanks for sharing! I went new for my last 2 purchases, both Jeep Wranglers. I plan on keeping this one for a very long time, maybe forever!
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If I have enough money I prefer to buy a brand new car. But still buying a used car for sale is not bad. I have bought a second hand car from a buy and sell car website 3 years ago and until now its still alive and kicking.
If you just wanted a new car, and thought it was worth blowing some extra money on it, be confident enough to say so. It’s OK – everyone has things they like to spend more money than they should on because it makes them feel good and enjoy it.
Except for the argument that the financing is so cheap on new cars vs used cars that if you’re not putting anything down you can actually pay less for a new car (although I think if you can’t put any money down you should be thinking strongly about how sensible it is to buy an expensive car either way), your post essentially points out all the ways the new cars are more expensive. Most importantly, you seem to be comparing the choice of buying one car new, and some other type of car used, which cloud the arguments when it comes to depreciation, reliability, insurance (collision and theft, anyway).
If you compare the total cost to that Honda you bought, and the exact same model that was just a year or so old, over the life of the car (from purchase to sale), you have to admit that (unless you finance the whole thing) the costs for the used car will be lower.
yes, you give up the (potentially toxic) fumes from the plastics in the new car, but you don’t have to pretend that you were saving yourself money by buying used.
Finally, I think your dad was ahead of the times – white walls are SO coming back.
Well it’s a nice post, but i think in just rare case you’ll not get benefits on used car. cause i have 2 cars and both are second hand car. i bought from a car dealer.So my suggestion is people should buy a used car instead of new car, it’ll save your hundreds of dollars.
These are the benefits. Wow! Amazing I am sure to buy a used car and ask the seller about all the flaws do that I will know exactly how to maintain the car and my budget is also a bit low so according to me I will choose to buy a used car.
Reducing maintenance cost is important, as you shared. It’s nice that you informed your readers of the possibility of car manufacturers covering the costs of routine car maintenance as well.
Awesome post! Love the tips and advice, buying a used car can certainly be a great option, especially since a brand new car will depreciate in value as soon as you drive it off the lot. Thanks for sharing!
Awesome information, buying a used car is beneficial for those who are not perfect in a car driving, or for those they want to take the experience.
That’s a good point that there are multiple models at different ages available as used cars. That will let you find something that fits your budget. Used cars also depreciate much slower than used cars.
Yep, the warranty that some with it is awesome!for the smallest damage , the company will completely replace the parts! saves time and money!
Very informative post. Helped me a lot to get the perfect idea to things keep in mind before getting the used or new car.