As a CDJR dealer, we see potential car buyers daily, and some are torn about whether to choose a new or used vehicle. It is a common car-shopping debate and each option has advantages. New cars offer warranties, the latest features, and the peace of mind of owning a brand-new automobile. However, pre-owned vehicles are often priced lower and have already undergone initial depreciation. Read on as we discuss these points and more.
Pros of Purchasing a New Car at Your CDJR Dealer
Latest Features
New cars are often designed with cutting-edge technology, infotainment systems, and improved driver-assist and safety features. From touchscreen displays to advanced navigation tools, if all the latest bells and whistles are important to you in a vehicle, score a point for new.
Customization Options
When you decide the car model you want to purchase, you can special order it customized with the exact paint color, features, packages, and accessories you prefer.
Manufacturer Warranty
New cars typically come with a bumper-to-bumper factory warranty that covers general repairs for thousands of miles or several months, whichever comes first. These warranties usually also provide a loaner car for you to drive while your vehicle is being repaired.
Manufacturer Promotions
Car companies and dealerships sometimes run special promotions and limited-time offers for customers who buy a new car. These incentives can include 0% or low-interest rates, free roadside assistance, and bonus accessories for your new vehicle.
Pros of Purchasing a Used Car
Lower Asking Price
Probably the most attractive advantage of purchasing a used car is the cheaper price. If that new car smell and first-owner status are not things you insist on, you can save thousands of dollars going with a pre-owned vehicle.
Avoiding Initial Depreciation
New cars can lose some of their value shortly after the purchase. By opting for a pre-owned vehicle, The initial depreciation has already occurred. This can be a big benefit if you plan to sell the car someday since you will likely be able to recoup more of your investment.
Insurance Cost
Although auto insurance rates depend on several factors, generally speaking, a used vehicle often costs less to insure than a new one. Used cars are typically valued lower, so the insurance company stands to spend less money replacing or repairing them, in case of an accident or theft.
Choosing whether to buy a new or pre-owned car depends on your preferences, budget, and driving needs. While new cars offer the allure of customization and modern technology, you can save money by buying a used vehicle. Even if you haven't decided between the two buying options, visit us here at Courtesy CDJR in Altoona, PA to see our extensive inventory of new and pre-owned cars!
