Buying a new car can be a thrilling and rewarding experience. During the course of your buying experience, you’ll need to make a few decisions to ensure you drive away in the perfect car. One decision you’ll be faced with: whether to buy a new or a used car. The good news is that both types of cars offer benefits for their owners. By studying some of those benefits, you’ll be driving away in the car of your dreams in no time.
If you’re looking for a lower upfront price, used cars are the clear winner. However, if you look a little deeper, you may find that a new car is nearly as affordable as a used car. When you add in variables like manufacturer’s rebates, favorable lease terms, and special financing, you end up with a close competition between new and used vehicles.
Insurance and Taxes
Since new cars are worth more, the cost to insure them is typically higher. This is especially the case for the comprehensive and collision portions of automotive insurance. The higher value of a newer car also contributes to higher taxes, which is an important consideration as you think about the overall cost of the vehicle. Thanks to the safety features found in new Chevrolet cars, though, some portions of your auto insurance may actually be less expensive since your car will be able to better protect you in an accident.
In terms of maintenance concerns, new cars are the winner every time. Since they’re straight from the factory, you can expect everything on a new car to work perfectly. Even if you do encounter issues, the bumper-to-bumper manufacturer’s warranty will prevent you from having to pay for most repairs during the first few years that you own the vehicle. Plus, if you’re able to get on an established maintenance schedule from when the car is new, you can expect to have your car for a long time.
Another win for new cars comes in terms of features. New cars have the latest and greatest safety, entertainment, and driver convenience equipment. Of course, some people prefer a car that’s a little more stripped down. If that’s you, then a used car will likely suit you better, since cars from even just a few years ago had far fewer features than the cars of today.
Ultimately, the choice between new or used comes down to your personal preference. If you buy from a reputable dealer, either a new or used car can offer a great value that you’ll be happy with for many years. Just do your research before you begin so that you can pick a dealer that will take good care of you.