Although buying a used car has numerous advantages, chief of which is affordability, there are some people who are better off with brand new cars. Here are some of the signs that you are one of those who should buy a brand new car:
You Want the Latest Bells and Whistles
The auto industry witnesses new inventions every year. The number of integrated safety systems, quality of safety and security systems, and options for entertainment systems keep improving every year. Therefore, if you want all the latest bells and whistles that you just read a car magazine, you have no option but to shell out for a brand new car.
You Don't Want To Pay For Major Repairs Soon After Purchase
There are several reasons why brand new cars don't cost their owners money in form of major repairs during the first few years of ownership. First, brand new cars are less likely to break down as compared to used cars. Secondly, brand new cars come with warranties that pay for major breakdowns that may occur within the first few years of use or within specified mileage. Sure, even used cars come with warranties, but new car warranties tend to be more comprehensive and long-lasting than used car warranties.
You Don't Care Too Much About Resale Values
One of the things people have against brand new cars is that they depreciate first. This is true; a brand new car loses a greater percentage of its value during the first few years of use as compared to a similar used car. Therefore, buying a new car may not be the best route to take if you want something that can recoup a great percentage of its value when you sell it after a few years. However, if you don't care about resale values (maybe you want to own the car for a long time), then you should definitely buy a new car.
You Want a Car You Can Own "Forever"
Brand new cars typically last for a long time; "forever" might be stretching the truth, but new cars typically outlast used cars. This is because when you buy a used car, it has already been dinged and banged around by another driver (or other drivers); you can't even be one hundred percent sure it was properly maintained. When you buy a new car, you are largely responsible for how long it will last.
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