There are not many things as exciting as purchasing your next car. Even if you are not big on vehicles and don’t spend that much on them, the great feeling of driving a new one – well, it is just awesome. But you know what? That feeling doesn’t last long. You get used to your car pretty quickly. And you start noticing all the little drawbacks.
When you have that in mind, you may think “Is it even worth it to buy a new vehicle?” This is the exact question that we want to answer today. Or to phrase it slightly differently “Isn’t it more worth it to buy a used one?” Let’s look at the different scenarios.
Why You May Consider Buying New
We have to do this scenario some justice. Because there are many benefits to it other than the great feeling of having a new car (or being in one). There is, for example, the theoretically higher chance of it lasting you longer. Now, we say theoretically, because it is not necessarily the case.
For example, there are plenty of older vehicles, which can last you decades if you take care of them. And there are plenty of new ones that will break apart in no time. But at least you should have a 5-year warranty with that new vehicle, so it will at least be covered to some extent.
The other benefit to buying new is that you will likely have the latest tech in it. New vehicle developments happen every 3-5 years or so, and if you buy one from the older generation, you may be missing some nice features. The engine efficiency may also be better with new vehicles.
And Now About Used
One of the great reasons to consider buying used is the price. Now, you may have to get some repairs done on a used vehicle, but it will still cost less than purchasing new. Although, you may want to buy cash, instead of lease, which is why some people avoid this option. However, you should know that you can lease a used vehicle as well.
Another benefit to buying used is that if you find a nice vehicle, it can last a while. It has already stood the test of time, so to speak. If it is more than 5 years old, and it is in good technical condition, it would likely last you at least 5 more, if not 10. This is not a given, but is the more likely scenario.
You should also consider the fact that you will reduce your carbon footprint as well. Because you will essentially be buying an already built vehicle, thus not contributing to the overall carbon emissions.
Whether you buy new or used is entirely up to you. But if you want the best prices, you should consider looking outside your state. Then you will need professional auto transport to handle your vehicle shipping, but we are here to help you with that!