Trying to decide between buying your next vehicle new or used? Before making your decision, consider these important factors.
- Buying used will almost always cost you less at the point of sale. If spending less on your new-to-you car is your priority, used is the way to go.
- Buying a new car isn’t more expensive just because the vehicle is shiny and fresh. New cars also come with higher sales tax and registration fees and tend to cost more to insure.
- A new car is a clean slate. If you’re suspicious by nature, this fact alone might make the cost of a brand-new car completely worth it. On the other hand, there are more vehicle history records and reporting methods than ever before, so it’s relatively simple to get a grip on the full and true story of any used vehicle you’ve got your eye on.
- It’s important to consider that the “jalopy” has, for the most part, gone by the wayside. Modern vehicles are built to last longer, so buying a used vehicle isn’t the hit-or-miss risk it once was.
- A used car has already undergone its depreciation process. Depreciation is the decrease in value a vehicle goes through over time. New cars immediately and significantly depreciate in value upon purchase.
- For the most part, used cars don’t come with any sort of warranty. If you want peace of mind, buying new is your best bet. Alternatively, check out GM’s Certified Pre-Owned program.
No matter what type of car you choose, it’s important to have a good buying experience. McKaig Chevrolet Buick strives to make your purchase positive, and even fun!