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Used Car or Brand New? Weighing In the Advantages of Both

buying a car

Are you contemplating whether you’ll buy a brand-new car or scout for a used one that is still in great running condition? If you’ve visited a well-known car dealership in Newmarket, Auckland lately and scoured through the displays, you must’ve observed that second-hand cars could actually pass as brand-new, especially if they’re well-maintained by the previous owners.

And, of course, there’s no question about the aesthetics of the new ones – only if your budget can afford or if their specifications suit your needs.

So, should you go for a brand-new car or settle for a pre-owned one? Here are the benefits of both options for you to consider:

Brand-new car: modern comfort and safety

Brand-new cars, particularly top-of-the-line models from big-ticket names, pack a lot of punch in terms of comfort, performance, and safety features, as well as stunning aesthetics. That is why many buyers tend to shell out some big bucks just to get their hands in the steering wheel of a new ride.

But is going for a brand-new car really the best option for you?

  • Warranty. Brand-new cars come with a manufacturer’s warranty, which means should anything go wrong with the car in terms of features, you will have a safety net as the manufacturer will cover any factory issue.
  • Low maintenance. New cars obviously require minimal maintenance, which is usually contained in the owner’s manual. Modern cars are particularly well-built that they are meant to perform well without hiccups in the first few years, especially if the owner is careful with the periodic maintenance schedules.
  • Great features. In terms of performance and safety features, it’s hard to argue against the perks of going for a brand-new car. These days, carmakers have to contend with stringent safety tests for their models to be given the green light for public sale. Also, new cars tend to have advanced performance features such as ABS, traction control, turbocharger, collision warning, and other specs that would attract every car enthusiast.

Used wheels: practicality all throughout

wheel

For many buyers, a secondhand or used car is an overwhelming choice just for the sheer practicality of it. While they may not look as flashy as the ones that have just been introduced to the market, used cars make up for it in terms of the obvious savings that you stand to enjoy. Take a quick read of the benefits of buying a used car:

  • Lower premiums and taxes. Used cars command a significantly lower insurance premium than brand-new ones. In addition, secondhand wheels are charged with a lower property tax so they make perfect sense for budget-conscious buyers.
  • Affordable. This is practically a no-brainer since used cars (except, of course, for the rare ones) are way much cheaper than their new counterparts. For a buyer with a limited budget or who simply doesn’t want to spend too much money just to have a means of transportation, going for a secondhand car is an obvious choice.
  • Lower depreciation hit. It’s an open secret that a used car does not depreciate quickly as you clock more miles into it. This means getting the most of your purchase, as you won’t take a massive depreciation hit when you settle for a used vehicle.

With these advantages to both used and brand new cars, it’s now up to you to make the final decision.

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