Cars: Should You Buy New, or Pre-Owned?

February 16, 2013

Buying a car is always a big decision that requires a lot of thought and will probably thrust you into the heart of several tedious debates with other car owners about whether you should go for a brand new one, or a pre-owned one.

Like most things, this area isn’t black and white. There are benefits and disadvantages to both options. Ultimately, everyone’s case is different, so you need to consider what is most appropriate for you, before you go off Googling ‘loans UK’ to get your hands on some cash for the purchase.

This article has been written to illuminate the pros and cons for you.

Getting what you want

If you’re buying new, you will pretty much be able to get exactly what you want in terms of the vehicle’s configurations, right down to the right shade of red you want the car in. All the specs will be completely customisable and you’ll get the car just the way you want it.

On the other hand, if you want to save money and have fewer options when it comes to specs, go for a used car. In fact, pre-owned car dealer websites are now designed to allow you more choice, in terms of searching for the right car for you, with your perfect colour and so on.

Think about the long-term

When you buy a new car, you’ll usually get a three-year warranty for all the parts of the car. This is one of the most attractive aspects of buying a new car from a dealership. It’ll give you total peace of mind.

Then again, it is now possible to purchase cover from independent warranty companies. They might not be as thorough as the warranties you’ll get from brand new car purchases, but if you want to save money, this is what you should be going for.

Maintenance costs

This doesn’t seem as straightforward as it should. You would think that a new car would have less maintenance costs than a used one, as the latter will be more subject to wear and tear.

However, with a used car, you won’t have to pay premium rates to have it turned upside down at your dealership’s garage. You’ll be able to pay lower prices at independent workshops. You’ll also be able to buy used parts and salvaged materials instead of purchasing brand new ones.

Thinking about the environment

Overall, it’s clear that newer cars have far lower pollution levels than older ones. Some critics note that these cars still take quite a lot of resources to build, though. Used cars won’t have the same low pollution levels, but then again, you have to structure your needs around the car.

If you’re not really going to be using a car that much, you might want to buy a pre-owned one.

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