When it comes to replacing a car or buying your first car, the main question most of us struggle to answer is ‘which is best: new or used?’ There are pros and cons of both options. In this guide, we’ll weigh up the advantages and disadvantages to help you choose your next car.
Price is an essential consideration for most buyers. It’s beneficial to set a budget when looking for a new vehicle. You can choose from paying for a car outright or making monthly payments. Once you have a budget, you can filter results and narrow down the options based on what you can afford. If you’ve been looking at new cars and the specific makes or models you’re interested in are not affordable, it’s worth considering used cars. A used car will be cheaper and if you opt for used vehicles, you may have a much wider range of makes or models to choose from. New cars tend to lose value quickly, so even if you buy a car that is only a year old, you could save a substantial amount of money.
Customization and features
One of the advantages of buying a brand new car is the ability to customize the vehicle, choose a color and add extras. You may be desperate to enjoy certain features or to drive a car that is a certain color or has a specific trim, for example. If this is the case, it may be better to investigate new cars. If you’re not overly fussed about customization, you may find that used vehicles are more appealing. It’s also a good idea to search for nearly new cars and set the filters to include vehicles that have the features you’re looking for.
Some people have reservations about buying used vehicles because they don’t want to spend money on cars that need frequent repairs. If you are looking at older vehicles, it’s crucial to arrange to visit a dealership or a private owner and have a close look at the car before you agree to make an offer. Reading descriptions and looking at photographs doesn’t always give you sufficient information about the condition and you might find that there are additional scratches or signs of damage or rust when you see the vehicle in the flesh.
If you’re buying a car, rather than hiring or taking out finance for a contract term, it’s wise to think about resale value. Some vehicles hold their value better than others, but all new cars will start to lose value the moment you drive away from the forecourt. If you’re not desperate to have a brand new car, it may be useful to explore nearly new vehicles and compare prices before you make a decision.
Are you preparing to start the search for a new car? Many people are torn between buying a used or new vehicle. There are advantages and disadvantages of both options, and it’s always beneficial to take the time to compare prices, get quotes and explore all the possibilities open to you before you decide which car to buy.