When shopping for a car for your family, should you look for a new car or a used car? The answer to that question depends on a multitude of factors. You have to consider your price range, your preferred style of vehicle and whether or not you want something that will hold its value for years to come.
Used Cars Tend To Be Cheaper
If you are looking for a car that costs less than $15,000, you are going to want to purchase a used car. Unless you buy a subcompact car or an economy model, you are going to be hard pressed to find a suitable new car for less than $20,000. It is also wise to consider that a new car is going to depreciate faster than a used car. As soon as you drive a new car off the lot, you lose roughly a quarter of its market value.
New Cars Have Longer Warranties
Most car companies provide you with a warranty that is good for up to 60 months or 60,000 miles. The warranty is valid for that amount of time whether you buy the car new or used. This means that if you bought a 2011 model year car in 2013, you would only have three years left on the warranty. This is always a great option. You can still buy a relatively new car, covered under the warranty for a fraction of the cost.
New Cars Are Better If a Certain Model Has Been Upgraded
Every few years, car companies will release vehicles that have been significantly redesigned. The look, style and feel of the vehicle will be vastly different than it was just a year before. When this happens, model years that are now part of an older generation of cars will be worth less. Which can work for or against you, if you are looking for a car at a major discount you will have a better chance with one of the older models. But be aware, that their value has greatly deprecated and that will play a role when you are trying to resale the vehicle.
You Can Buy a Used Car from Anybody
When you buy a new car, you typically buy that car from a dealership. When you buy a used car, you can buy that car from anyone that you want. This freedom of choice allows you to find the best car for your family at a price that you can afford.
Aspects to Look For In Your Used Car
When you are in the market for a used car, you have the advantage of being able to look around for what you really want and for a car that includes the types of extras needed for your family or driving needs. You should make a priority of finding a car with good tires. A car with Hercules tires will offer great grip and support and be an extra comfort to you when hauling around the family. You could also push for a vehicle that offers upgraded features such as a sky roof or
Whether you buy a new car or a used car depends on your needs and the current market. The best decision is to buy something that fits your needs and your budget. If you do that, you will have a great car that provides a great value for years to come.
Author Bio:- Brionna Kennedy is native to the Pacific Northwest, growing up in Washington, and then moving down to Oregon for college. She enjoys writing on fashion and business, but any subject will do, she loves to learn about new topics. When she isn’t writing, she lives for the outdoors. Oregon has been the perfect setting to indulge her love of kayaking, rock climbing, and hiking.
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