We all want the best bang for our buck and making your dollars stretch is important. Buying a new vehicle is a big investment that you should put a little time and effort into before you just go out and purchase it. One of the biggest things that consumers consider when buying a vehicle is whether or not they should buy a new car or a used car. There are pros and cons on either option and today we’re going to go deeper into answer the question of whether or not you should buy a new car or a used car.
Table of Contents
New Car Warranty
When you buy a new car you will be given a manufacturer’s warranty and depending on what brand you buy that warranty could go all the way up one hundred thousand miles. This is a big money saver when your car breaks down or needs repairs. When you have a manufacturer’s warranty and your car breaks down, then all you have to do is take it back to the dealership and they will repair your car for free. They will continue to do this until you hit the mileage that your warranty covers. This could end up saving you thousands of dollars in repair bills. Two of the best new car warranties you will find will come from Kia and Hyundai. These two carmakers offer the best coverage with the highest mileage allowance. To find a Kia Optima for sale Ohio simply search the internet for Kia dealerships near you.
New Car Incentives
When you buy a new car the dealership will usually offer great incentives such as rebates, zero percent financing and sometimes no payments for thirty, sixty or in some cases ninety days. These are great incentives to take advantage of because sometimes rebates can be as much as two or three thousand dollars off of the MSRP. Some dealerships will also even offer discounts of a certain amount of certain models of vehicles. If you have great or even good credit you can take advantage of zero-percent financing or low financing charges. The lower your financing rate is the lower your monthly payment will be every month. At the end of the financing term, you could save several thousand dollars. Finding a Kia Optima for sale Ohio with these great offers will be easy.
You Are the Only Owner of a New Car
When you buy a new car you know exactly what you are getting because you are the first person to own and operate the vehicle on a daily basis. If you were to purchase a used vehicle you would have no idea how the previous owner treated or used the car. Sure, you can get a Carfax report so that you can make sure a used car hasn’t been wrecked or flooded but you still won’t know how hard the previous owner was on the vehicle every day and you won’t know if they changed the oil on a regular basis either. When you buy a new car you will be the one to take care of it so you will know that your car is mechanically sound.
Buying a used vehicle can be cheaper initially but if you happened to buy a used car that wasn’t taken care of very well you could find it falling apart in only several months after you buy it. Without a warranty, your repair bills on the used vehicle could easily run about one thousand dollars or more every time you take it into the shop.