Buying a car: a new car or a used car
Everyone will be like this. This old car is breathing on the roadside with the last breath of breathing, you have to face a disgusting reality - you need some new wheels.The ads on the TV are screaming in your ear: "New car! New car! New car!" A shiny, clean new car sounds really attractive, but you also heard it from your annoying "know it" All friends said that buying a used car is actually a more sensible choice in the long run. This is a tough decision. In this article, we will explore the pros and cons of buying new and used cars to help choose the right car for you.
New, glorious new car
There is no doubt that when your friend sees a brand new car for the first time, from the smell of the new car to the shiny paint, from the clean interior to the "oh" and "ah". In our consumer culture, the new car is an undeniable status symbol that lets everyone know that you have arrived (usually literally). In addition to cosmetics, buying a new car has many other positive attributes.
Positive
This is new! Most new cars have a good track record of reliability, and if something goes wrong, it is likely to be covered by the warranty. Buying a new car also means you don't have to worry about how to treat the car before you buy it. (For related reading, please see the extended warranty: Should it be hooked?)
Many new cars also offer roadside assistance. This will make you feel at ease, save yourself the cost of paying for a road rescue plan, or save yourself the cost of dragging your home if you are trapped on the road. New cars may also offer the highest fuel efficiency standards and the latest safety features such as side curtain airbags and structural reinforcement. Many companies even offer low-interest or no-rate financing options that make new car financing costs lower than used cars.
Negative
It is very difficult to buy a new car. The new car is not only more expensive than the used car, but also depreciates faster. The car lost the most in its first few years of possession. In fact, it lost great value in the first few seconds. In other words, when you buy a new car, you pay the retail price – the price the dealer collects for the new car. As soon as you leave the parking lot, this car is worth the wholesale price. This is the amount the dealer is willing to pay, if you turn around and try to sell your car back.
Buying a new car means you have to bear higher debt and lost value faster than buying a used car. The insurance cost of the new car is also higher than the old one because the replacement value is higher. (For more information, read "Buy Auto Insurance.")
From a philosophical point of view, buying a new car will foster a compelling consumer culture rather than a thrifty culture. You are not making an actual transportation decision, but buying a consumerist culture and its ongoing pursuit of the latest and greatest toys. Not only is this an expensive suggestion, but it is likely that there will be a better product launch next year, making your expensive purchases obsolete.
Finally, the new car will not keep the new car for a long time. You will get your first scratches or scratches in a day, a week or a month. By the end of the first year, the floor will be stained, the doors will be stained, and the sweet new car smell will become an ancient history. Of course, monthly payments will continue for many years.
Used, humble used car
Although "used cars" (the marketing term for used cars) lacks the mystery of new cars, they are hard to beat in real financial reality. Buying a new model, a low-mile car can become a cheap hunter dream come true.
Positive
Buying a used car is an opportunity to buy the best car with your money. You often find that the price of a new used car is less than half the price of a new car. The pre-certified reseller program offers a strong warranty, usually including the remaining balance of the factory warranty and the opportunity to purchase an extended warranty. For all practical purposes, low mileage, new used cars are basically new. If you change a car every few years like many people, you won't notice the difference between used cars and new cars, because most modern cars will reach 100,000 miles or more and have few mechanical problems. . Buying a car traveling for 40,000 miles on an odometer can result in trouble-free driving for 60,000 miles or more. Some vehicles now offer a drivetrain warranty covering the most expensive driveline components within 200,000 miles.
If you are short of cash and are willing to take risks, you can even buy a car for thousands of dollars or even hundreds of dollars. If you are comfortable with a wrench, buying a car that takes a little time and attention can greatly reduce your acquisition cost.
Negative
Despite the warranty, used cars still carry an unknown shame of reliability. Because you don't know how the last car owner treated the car, and why it was traded in, so he was always worried about buying someone else's car. Even if the car is intact, you need to carry out the necessary maintenance faster than the new car. This maintenance includes radiator and transmission flushing, new brakes and new tires.
On a more practical level, finding a used car with the options and features you want can be a challenge. If you buy a lemon, your recourse will also be reduced, as the lemon method is usually only available for vehicles with a certain age and mileage on the odometer that are less than a few miles away.
New or used?
The decision to purchase a new or used car should be based on a number of factors. You need to be satisfied with the financing options and the long-term impact of your personal financial situation. You need to feel safe, you need a reliable car. Finally, you need to make sure your new car meets your needs in terms of comfort and convenience.
Buying a car is a major financial decision. In addition to buying a house, it is often the biggest purchase in many people's lives, so be sure to research and enjoy this journey!
