Used VS. New Car: What Should You Get?

There will always be a time when you find that your car is beyond repair and you need to buy something that you can rely on. Whether it’ a new or used car, it’s going to cost you money but the question is whether to buy a new or used vehicle? The answer really depends on your financial budget and what you are prepared to deal with down the road. If you find it difficult to decide, we’ve prepared a list of pros and cons to help you.

Brand New Cars

The Positive Side
Apart from being the talk of the town with your new ride, a new vehicle also comes with a warranty from the manufacturer. It also features the newest automotive technology innovations that can benefit your safety such as improved brakes and airbags. Saving money on fuel has always been the main focus of car manufacturers so you can rest assured that your new car’s fuel efficiency is unparalleled. In addition to these features, you also get 24/7 road assistance for your peace of mind with new models.

The Negative Side
Let’s face it, it’s really expensive to buy a new car. To add to the price, you should know that new cars come out every year so there is a great depreciation of value after your purchase. For example, if you bought a car this year but decide that it’s not for you next year, the price can drop to up to 50% of its original value.

Used Car

The Positive Side
By purchasing a used car, you give yourself a lot of flexibility when it comes to your budget. You also have a lot of options as there are many used cars for sale today. It’s not always bad to get a used car as long as you know what you should look for—the mileage. A car with low mileage is as good as a new one. This means that the vehicle was rarely used and there should be minimal breakdown of parts.

The Negative Side
From the term “used car” you already have an idea that the car belonged to someone else. This means that you have no idea how they used (or abused) the car. It can definitely break down overtime so you have to be prepared.
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Whether new or used, get the best car insurance from a reputable source. At Insurance Services of the West, our agents make client's life easier with policies that are tailored to their needs. You can get more information about our products and services by calling our agency at (425) 681-0996. Get your free quote today by CLICKING HERE.
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