Should I Buy a New or Used Car?
Updated: Apr 28
Buying a new car is a huge investment and a huge decision.
Going into your purchase with all the facts and as much information as possible is essential. Should you buy new or used?
There are pros and cons to both new and used cars, and which is the best car for you and your situation depends on several factors.
Let’s look at some of the benefits and drawbacks of both new and used cars.
New Car Pros and Cons
Buying a new car comes with a certain peace of mind. You know that the car has not been involved in an accident, and that it has no damage or issues. Also, new cars come with limited warranties that can put your mind at ease for at least several thousand miles. New cars also come with a price tag to reflect these benefits, being significantly more expensive than their used counterparts. New cars also depreciate in value significantly faster than used cars, often depreciating as soon as you drive it off the car lot.
Used Car Pros and Cons
Used cars come with a more bearable price point than new cars, and don’t depreciate anywhere near as fast. On the other hand used cars could potentially have existing issues or damage you may not be aware of. Used cars are certainly the more economical option, but make sure to have a Maryland mechanic look over any used car you may be considering, to check for any outstanding issues you may not notice.
Making your Decision
Choosing between a new and used car can be difficult. Weigh carefully the two options taking into consideration cost, warranty, and value. Quality used cars can last you many many years if they are maintained properly. By bringing a potential car to a trusted mechanic you can have a clear picture of the shape of the car and make an informed decision. Also consider how long you expect to have the car, and if purchasing a used model can afford you some of the features you’d like but can’t afford on a new car.
Purchasing a new car can be a stressful endeavor, and choosing between new and used can compound that stress. But having a clear picture of the cars condition can help put your mind at ease.
If you are considering a used vehicle, call us at Hillmuth today for a quick inspection!