Pros and Cons of Buying a New Vehicle vs. a Used Vehicle

Are you looking to get some new wheels? Here’s what you should consider.

Photo by xandro Vandewalle on Unsplash

Purchasing your first car, whether new or old, can be an exciting and stressful time.

My first car was a 2005 Mitsubishi Lancer with over 100,000 miles.

It was black, had a spoiler on the back, and was a bit retro to me. I liked it.

The car only cost me $3,000 to own. But the maintenance that came afterward shocked me.

Most people don’t tell you that getting a used car means more maintenance. However, this is something to consider if you’re considering the best option financially and safety-wise.

Pros of Used Vehicles

1. It’s typically a lot cheaper than buying a brand new car. You can pay it in cash without taxes and extra BS involved in a purchase.
2. Any damages that may happen to your used vehicle won’t break the bank. Of course, you’ll have to buy a new one, but at least you didn’t drop a lot of money on it.
3. Depending on your car taste, you may like the more retro/vintage style cars from years prior.

Cons of Used Vehicles

1. Your car won’t be the newest…