We all love the new car smell. The seats in their plastic sheet attire. The clean spotless curves of a new car. But as much as a new car looks and feels beautiful, we are quite sure your bank account won’t really feel the same way. A new car is expensive. A new car is a costly investment. Now please don’t get us wrong. We have nothing against new cars. A new car is beautiful. A new car is an owner’s and neighbor’s envy. But still there are some times when an old, used, smelling-like-cheese yet running-like-a-breeze is the best choice.
Now if you’re the kind of person who uses a handful of dollar bills to wipe clean their dashboard, then this post won’t really make any sense to you. But if your hand trembles every time you take your wallet
out to pay, then reading ahead will help you decide if you really need that new shiny car or a used car will be a better investment for you.
Buying a car is no child’s play. No matter how many car dealers and automobile companies try to make you believe otherwise, buying a car is a huge step. We are not trying to scare you into keep taking the shady GreyHound to and from your work day in and day out. We are just trying to make you aware of what to consider before you take the plunge into the ocean of unscrupulous car salesman and shadier deals. There are mainly two factors that justify buying a used car over a new one.
The first thing that one should ponder upon is why exactly does the thought of buying a (or another) car come to your mind? Buying a car is no doubt expensive but so is maintaining it. A car requires gas, insurance, regular inspections and timely repair jobs. This all costs money. So if you are thinking of buying a car but you don’t really need it, then it is not really that good an idea to invest in a car. However if you regularly travel twenty or more miles, then a car will surely make things easier for you.
Now that you have decided that you’ll soon be rolling towards where they sell cars, the next thing to evaluate is your budget. A brand new car costs bucks. So does a used car, only slightly less. But rest assured, you’ll surely be loosening your purse strings a bit. The ‘Budget’ part is really simple. Combine it with the result of the ‘Requirement’ part and you’ll get your answer. For instance, let’s say your desired car is a BMW Series 5. You can get a brand new BMW Series 5 in no less than $40 K. Now if you stop worrying about age a bit, then you can get the same model for half that price. You’ll just not be able to take in all that new-car smell.
Basically, the question you should ask yourself is that what is better? – A brand new but bottom line car or a well reputed top of the line car model only a bit used.
Now after being in the business for more than a decade, we know that buying a new or a used car is never an easy decision. To make things a bit easier for you, we have designed an infographic that will help you decide if a used car is what you have been wanting all this time.