Feel Good Factor – Nothing can beat the thrill and experience of driving a pristine new car. There is a lot of excitement involved in purchasing a new car and securing its possession with pride. Unlike a used car, a new car is free from scratches, stains and broken parts that might seem like a great deal of compromise for you and your family. Since you don’t buy a car every six months, why compromise and buy a used car? A new car comes to you with its interiors in prime condition with no obligation to immediate maintenance.

Warranty and Security – A new car dealer offers you warranty for a couple of years. Therefore, you care is secured against a lot of uncertainties of future. When you buy a car, you want to drive it without worrying about the security factors. Since your new car dealer takes care of that, you drive the new car with a great deal of peace of mind. Although used car dealers often offer warranties, they however do not match with the warranties offered by new car dealers.

Easy Financing Options – The financing options offered by new car dealers are far better than those offered by used car dealers. This is because the new car dealers are more dedicated to securing a deal with their prospective customers and can do their best to offer the most flexible financing options to their customers according to their individual needs.

Drive Green – Buying a new car makes you more responsible towards the environment as a new car tends to an eco-friendly vehicle. Used cars emit harmful gases that contribute to many negative consequences including global warming. New cars have new engines which do not emit as much toxic gases to the environment as old cars do. Hence, with a new car, you make the world a better place to live in.

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1- A used car can cost you less than a new car. This is because the market value of a used car usually is 30 per cent less than the new car in just three years. This reduction is price is, however, calculated on the depreciation value.

2 – While you need to pay for high insurance fees if you buy a new car, the insurance fees are generally significantly less for used cards. Hence, you can save a lot of money.

3- If your appearance and mileage are your priorities for buying a car, then used cars score over new cars as they have proven performance records to rely on. Mileage for a used car, for example, can be consistent for the next couple of years.

4- A used car would help you save money substantially in terms of gradual investments. Usually, a new car would require you to spend consistently on several aspects. However, a used car won’t need any investment which helps you to spend money on car accessories such as Air Conditioning.

Disadvantage of Buying a Used Car:

1-For a starter, it is difficult to negotiate a fair finance terms on a used car. Usually, many people end up paying more than the used car deserves.

2- It is a risk to buy a used car as you have no idea how the car has been treated by its pervious owners. Some important consumables such as clutch, tires, filters, hoses, and fans may have been worn off as a result of maltreatment of the car.

3- You would get low trade-in value with a used car where new cars have relatively higher trade-in values.

4- A shorter warranty is one of the potential disadvantages with used cars. Unlike new cars which are covered by insurance and protected with long-term warranties, used cars are barely left with warranty only a couple of months. This often leads to high maintenance cost.

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