When you are in the market for a car, it can be difficult to decide whether to buy a new or used vehicle. Both types have their advantages. The correct decision depends on your personal needs and circumstances. There are many reasons to buy a new car. Consider them and compare them to what need most when you purchase a vehicle. You may discover that a new car is the right choice for you.
Customization
When you buy a new car, you can order it from the factory and customize it with your own options. This is especially helpful if you want unusual options or an odd color. You will have to wait several weeks for your car, but when it arrives it will be exactly what you want. If you buy a used vehicle, you are limited to the options that are already on the vehicle. You may be able to make some aftermarket additions, but they will cost extra.
Reliability
When you buy a new car, you know you are the first owner. You don't have to worry about whether the vehicle was maintained by a previous owner. In most circumstances, you can expect a new car to run well and be reliable. If an issue does crop up, it will be covered under the manufacturer's warranty. If it cannot be fixed in a reasonable amount of time, you are protected by lemon laws in all 50 states. Although the laws vary by state, you are usually entitled to a replacement vehicle.
Warranty
Most new car manufacturers offer full warranty coverage on new vehicles for up to five years, depending on the make and model. They also give powertrain coverage for up to 10 years. When you buy a used vehicle, it may be past the warranty period. You can buy a certified used car, but it will typically cost more than a non-certified model. With new cars, the coverage is included at no extra cost. Many manufacturers also provide roadside assistance along with the warranty coverage.
Value
Although new cars depreciate dramatically the moment you leave the dealer's lot, a new car will have a higher resale or trade-in value than a used vehicle kept for the same length of time. For example, if you purchase a brand new car rather than a three-year-old vehicle and decide to sell it after owning it for two years, it will be worth more. It will only be two years old rather than five, so it will have a higher value.
Status
If you view your car as a status symbol, a new car will give you more status than a used one. Owning a new car is exciting. It has the famous "new car smell" and is equipped with the latest gadgets and safety equipment. It will give you more bragging rights than buying a previously owned vehicle.
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