Pros and Cons of Buying a New Car

June 12th, 2012 | Car Hacks | car, tips

Pros and Cons of Buying a New Car from Factory

Deciding whether to purchase a new or used car can be a battlefield. Consumer’s want to get the best deal for their money and that means buying a car that is reliable, within their budget, will have longevity and will have a decent resale value. Below are some pros and cons to buying a new car to help you decide if it’s the right choice for you.Perhaps the biggest pro of buying a new car is the selection available. There are hundreds of thousands of different makes and models on car lots each year. Being able to test drive any car you want is a definite benefit, not to mention that you can customize them to your desires. Additionally, if you don’t find one you like on a lot, dealers can special order what you do want as well as customize those too.

New cars have never been owned and therefore you know what you’re getting. Worries such as car history are out the window and the additional comfort of knowing the car comes with a full warranty adds security.

When purchasing a new car, once you have made a choice most of the legwork for you is done. Almost all car dealerships now will handle the unpleasant tasks of tags, title and registration.

But with the good, we also have to examine the bad. There are some cons when buying a new car as well. The most obvious con is the price tag. Purchasing a used vehicle can save a buyer hundreds or thousands of dollars if they are willing to sacrifice a gadget or two.

Cars depreciate as soon as they leave the dealership and this is more applicable to new cars. Used cars have already taken this hit so second hand owners can rest easier. And the stress that often comes with new cars related to bumps and bangs is also lesser.

For new cars the insurance costs will automatically be higher because the car is worth more. Even with a stellar driving record, a used car will always be less expensive to insure.