Best Value for Money – New or Used Vehicles?

There are many good reasons to opt for a new or used car, it all depends on your financial situation and what type of vehicle you are in the market for. If you need a new car, you’ve two options – go for a new model or look for a second-hand vehicle. For some people, a new car is the best choice, while for others a used vehicle is the way to go. This article will discuss some of the pros and cons of each option.

Used Cars

  • Choice

If you are searching for used cars in Canberra, you’ll be spoiled for choice. There are thousands of makes and models up for sale, so it is easy to find a great deal on a used car. All you have to do is visit your local car dealership or look online. Used cars are put up for sale every day, giving buyers an endless list of options.

  • Cheaper to Buy

One obvious reason to buy a used car is the price, they cost less than a new model. After about 3 years, a new car is worth over 50% of its original price, which is a substantial drop over a relatively short period. You can get an excellent used car for a great price that is only a year or 2 old, some used cars are as good as new.

New Cars

  • Warranty

Buying a new car comes with peace of mind as you know the vehicle is under warranty. If something goes wrong within this period, you are entitled to a replacement or free repair when needed. Some maintenance charges are also included in the warranty.

  • Condition

The car is brand new, so nothing has been touched inside or out. You aren’t sitting in the remains of someone else’s takeout and everything is shiny and new. It also has all the latest technology, in terms of entertainment and safety. In addition, you can also choose the colour, engine size and a lot more. A new vehicle also has improved fuel efficiency, which save you money.

There are many differences between buying a new or used car, this article has given just a small sample of some of them. If you are thinking about purchasing a new vehicle and you are torn between a used car and a new model, do your research and consider a number of factors, such as finance and personal needs.