The Pros And Cons Of Buying A New Car
When you are in need of a replacement vehicle, you will first need to decide between purchasing it new or used. There are many benefits of buying a brand new car from a local dealership, but also some drawbacks to consider. Here are some pros and cons to keep in mind if you are thinking about buying a new car (from an outlet such as Quebedeaux Buick GMC).
Pro: You Know the Condition of the Car
A major advantage of buying a car new right off the lot is that you know it is in the best condition possible. Aside from a car salesman moving it to a different part of the lot or a car buyer taking it for a short test drive, it probably has only a few miles on it and is in perfect condition. With a used car, you can get one that has been inspected and with relatively low miles, but it will still have some wear and tear. There is really no telling how long a used car will last and exactly what is has gone through. If you want a car in pristine condition, you can't get any better than a brand new vehicle.
Con: New cars are more expensive
Naturally, you will be paying more for a new car than a used one. With a brand new car, not only is it more for the ticket price, but you tend to lose more money since it loses depreciation almost immediately after driving it off the lot. With a used car, you would save more by spending less, as well as not having to lose as much value after you purchase the vehicle.
Pro: It is Covered Under the Manufacturer's Warranty
All vehicles purchased from dealerships often come with warranties, but with a new car, it is likely still covered under the manufacturer's warranty. These warranties tend to be a little better, covering repairs and breakdowns while you are still under a certain mileage or within a specific period of time. You may even be able to combine the manufacturer's warranty with an extended warranty provided from the dealership. This ensures double protection in case there is an issue with the vehicle.
Con: Some dealerships require full insurance coverage
If you were to buy a used vehicle, you might have the option of choosing a car insurance policy with just the minimum liability required by your state. However, with a new car from a dealership, they often require full or comprehensive coverage. They typically require this until your financing has been paid off in full, as it helps to give extra protection for the vehicle if you are in an accident or it is stolen. The full coverage insurance policy is going to cost more, but you get more protection in the process.
Pro: There may be updated technology
Newer cars also tend to have some excellent technology that older cars just don't possess. For example, many new vehicles come with safety features like object and vehicle detection. If the vehicle detects someone in front of you while driving, the brakes can be pressed automatically, helping to avoid hitting them. It can help you prevent accidents and injuries in many situations. Other new technology includes state-of-the-art GPS and stereo systems, parallel parking, and rear-view cameras.