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One of the most common questions asked during the process of buying a car is whether to buy one new or used. Although this is a tricky question to answer, your best option is to buy a new car over its counterpart. Here’s what you need about a new car over a used one.
Now that vehicle safety laws are stricter than ever; automakers are being forced to improve the safety systems they build into their vehicles. For example, tire pressure monitoring and stability control is mandatory for all new vehicles in the United States. However, other safety systems, such as side curtain airbags, cruise control, brake assist, and blind-spot monitoring are included in most new car models, making them much safer to use than their older-model counterparts.
Although a used car may seem like it costs less than a new vehicle, you’re more likely to pay a significantly larger interest rate. Also, you won’t be offered low-interest financing or cash rebates that new-car buyers are given. However, keep in mind that banks make it harder to take out auto loans and charge a larger interest rate. But, if you’re looking to buy a pre-owned vehicle, most automakers offer special financing for older vehicles.
Most new cars, especially luxury brand ones, have free maintenance checks for a given amount of time or specific mileage. These savings should be greatly considered when choosing whether or not you want to go with a new or older car.
If you want a simple car, an older model may be in your best interest, but if you want a specific exterior and interior color of the vehicle, you might have to reach out to dealers, like Young Subaru, that sell newer vehicles. Also, if you’re looking for a tech advantage in your vehicle, buying a new car will be in your best interest. Most new model vehicles come with built-in GPS systems and multimedia systems, heating seats, steering assist, automated parking assist, etc. So, if you want a cool ride to show off to your friends, getting a new car is often your best choice, since they come with the newest and coolest gadgets and gizmos.
Although it may seem more cost effective to buy a used car, it’s not always a better option over a brand-new vehicle. From safety features to vehicle maintenance, a new vehicle is in your best interest to purchase. Down the line, it can save your life and wallet, and will probably have a decent return on investment. Even if it is a significant up-front cost, it’s well worth it.