New or used car? That’s a tough one. It’s the same as asking whether to go for a Toyota or a Ford. In both cases, the answer would depend on a variety of factors, including your own preferences.
For instance, did you know that new cars come with interest rates as low as 0%, making payments more affordable in the long term? [Tweet This] Did you also know that new cars offer better fuel economy? [Tweet This] Now let’s flip the tables. Did you realize that used cars cost less to insure? Or that a feature-rich used car can be cheaper than a bare bones new car?
Each type of vehicle also has its set of issues – as is the case with anything, really. For instance, new cars depreciate much faster, while used ones cost more to maintain due to old parts and lack of adequate warranty.
So, should you get a new or used car then? At the end of the day, the decision rests squarely on what you want out of your vehicle to be. Once you figure that out, you’ll know in which direction to lean.
Need more info? Consult our latest infographic right here.