There’s nothing like the freedom of the open road. Car sales are on the rise over the past few years as many Americans head out of the cities, and you might be in the market for a vehicle.
When making this kind of purchase, you’ll be confronted with an age-old decision: should you get a new car or a pre-owned one? There are many benefits when it comes to a new vs used car.
Which one is going to be right for you and your family? Read on and we’ll walk you through factors you need to consider when making a decision.
Reasons to Buy a New Car
You roll up to that car lot and all of the new models immediately catch your eye. How could they not? That’s what they were made to do. If you can afford it, getting a new vehicle comes with a great many benefits.
A new vehicle is likely to last longer than a used one, as you can imagine. The lifespan when you buy new might double that of a car you buy used. Most cars last for about 200,000 miles, so if you’re starting that count at zero, you have a much longer way to go.
Your new vehicle will also come with all the new features that an older model might not. New safety features, as well as new advancements in driver enjoyment, will make your purchase feel worth some of the extra price tag.
In addition, a new vehicle is likely to have much better gas mileage than an old one. Whether you’re looking for the best Jeep models or some other type of car, getting a new vehicle is going to come with a lot of benefits.
Reasons to Buy a Used Car
Of course, that doesn’t mean there aren’t plenty of reasons to go the other way as well and invest your money into a used car instead. The main benefit of a used car purchase, of course, is the lower cost.
When you buy a used car you’re likely keeping thousands of dollars in your pocket that you’d otherwise be spending on the new vehicle. For many people, this is the only financial decision that makes any sense.
Often, the insurance and fees that come with purchasing a used car are lower as well, meaning there are all kinds of opportunities to save money. If you’re on the fence about being able to afford a brand new model, investing in a used car might be the way to go — as long as you can find one that makes you happy.
Understanding a New vs Used Car
If you’re on the fence about getting a vehicle, you’re likely stuck weighing the differences between getting a new vs used car. If you need help in making this kind of decision, the above information can help layout the advantages of each path.