New vs. Used Cars
Buying a car involves a lot of questions, but the first question that arises is whether to choose a new or used car. In order to choose the vehicle that best suits you, you should define your budget and needs, among other factors. In order to help you choose a car, we recommend you to weight all the pros and cons of new and used cars.
Let’s consider the main advantages of new cars:
- Reduced expenses for maintenance. New cars need less maintenance within the first years of ownership, as their parts are not worn-out.
- Full warranty package. New cars come with comprehensive warranty package and sometimes with free roadside assistance. If something goes wrong with yourvehicle within its warranty period (which is at least three years), the dealer will be responsible for it.
- Excellent condition. A new car hasn’t been used, which means that it hasn’t been in accidents and has a clean history.
As you have probably guessed, the main disadvantage of new cars is that they are expensive. But if your budget allows, new car is certainly the best option for you.
Keep in mind that new cars have high depreciation rate, losing about 20% of their value as soon as they leave the showroom. For that reason, a new car is a good investment for those who are not planning to sell it before long.
If you cannot afford a brand new car, purchasing a used car may be the option. More and more people prefer used cars to new cars, largely thanks to their attractive prices. What is more, you won’t get hit with depreciation.
However, buying a used car carries its own risks, because you will never know how well the car has been cared for. A used car will most likely require maintenance or repairs, that won’t be covered by a warranty. For example, a used car may need new battery, tires, brakes during the first year of ownership.
There are several places to buy used cars, including dealerships, private sellers, and online. Buying from a reputable dealer is more expensive that buying from a private seller, but you can rest assured that you won’t fall victim to fraud.
At the same time, buying a used car privately can also become a good investment, providing you take precaution measures to protect yourself from fraud. When buying any used car, get Epicvin VHR and take a test drive to ensure that the vehicle is in good condition and has no hidden issues.
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