brand new cars

brand new cars

Brand New Cars

There are a lot of questions involved in the process of buying a car, but the first, simplest one is probably the most important: Should you buy new or used? To help you choose, we’ve laid out the advantages of both below. Keep in mind that although there are more advantages listed on the new side, the pros in the used column are big ones and in many cases can be more to your advantage. ADVANTAGES OF BUYING NEW Made to Order — Chances are, you can spec a new car just the way you want it, or at least have the dealer search for one with the right combination of options and interior and exterior colors. It’s Not Used — Well, duh. A new car hasn’t been in any accidents, hasn’t been mistreated by unknown evildoers, doesn’t smell funny, has seen no wear or tear, and comes with a clean history that includes only being driven off the line, onto a transporter, and around the dealer’s lot. Warranty — Like the rest of it, the new car’s warranty is untouched. You can buy warranties for used cars or go the certified preowned route, but the best warranty you can get—without paying extra—will be the one that comes with a new car from the manufacturer. Latest Gizmos — The newer the car, the more modern the geeky tech that’s packed inside. Multimedia and navigation interfaces are constantly evolving and improving, so if you have to have the latest in gadgets (and don’t want to add them yourself post-factory) the selection will be better in the new-car showroom. Safety — As vehicle safety laws become ever more stringent, automakers are forced to change the way vehicles are built and the safety systems with which they are equipped. Some form of tire pressure monitoring is now mandatory on all vehicles sold in the U.S., and by 2012, stability control will be, too. Other technologies that are not mandated, like blind-spot monitoring systems, side curtain airbags, adaptive cruise control, and brake assist are becoming more prevalent on less expensive vehicles as their associated costs come down. Higher Fuel Efficiency and Lower Emissions — Again, partly thanks to Big Brother, cars are largely getting more fuel efficient, even while simultaneously getting more powerful. The newest crop of diesels is cleaner than ever before, and choices in the hybrid segment are growing, too, if that’s your thing. Financing — Banks offer lower financing rates on new vehicles because the vehicles are inherently worth more and have not already been hit by depreciation. Keep in mind that, when the lower APR still applies to a larger sum, your payments or total cost may still be higher. But if you plan to finance, check your deals before buying. The cheaper car might not turn out to be the better deal in the long run. Maintenance — Some new cars, mainly those from luxury marques, include free scheduled maintenance for a certain amount of time or mileage. This built-in cost saving should be considered in the final price analysis if applicable. Legwork — Once you’ve chosen a vehicle, or at least the brand you’re interested in, much of the new-car search can be offloaded on the salesperson, who can find the car you ask for. The same search in the used realm requires a lot more legwork on your part—hunting on the internet, visiting multiple private sellers, and driving from used lot to used lot. ADVANTAGES OF BUYING USED Price — Comparing apples to apples, a used car is going to be less expensive. The relative advantage of the used-car price can also allow a buyer to step up to a nicer model. Depreciation — Cars lose value with each passing month and mile, but the steepest decline happens right away; some models can lose 40 percent or more of their value in the first year. With a used car, there’s no depreciation hit the second you roll off the lot. There’s also less mental depreciation, no need to worry about the first parking-lot ding or rock chip in the paint because chances are the car’s previous owner or owners took care of those for you. Insurance Rates — Like financing, insurance rates will be affected by the age of a car, but in this case the used vehicle tends to be less expensive. A little bit of pre-purchase research will save you from insurance sticker shock, no matter which vehicle you choose. Choice — Although you obviously can’t build a used car to order, maybe you want a model, option package, or even wheel design that’s no longer made. This wider selection can add to the length of the search, but perfection and satisfaction rarely come easily.
brand new cars 1

Brand New Cars

I admit my new car purchase was driven by the frustration of 10 years of driving used cars. Not just used cars, but 10-15 year old, 150k+ miles, USED cars. The kind of cars that I prayed would start each morning, and the kind of cars that I prayed didn’t just die on me driving 75mph down I-95. And they were the kind of cars that did not start many mornings and often did die on me driving down I-95.
brand new cars 2

Brand New Cars

So why are we making such a big deal about new cars? One word: depreciation. New cars lose 60% of their value in the first five years. When you buy used, the original owner has already eaten the cost of depreciation. You, on the other hand, get a great four-year-old car for a great deal—one well below the expensive wholesale prices of new cars.
brand new cars 3

Brand New Cars

We often get asked what the cheapest cars on sale in the UK are. It’s a difficult question to answer – an increasing number of buyers opt for finance deals, which makes the overall OTR price much less important than it used to be. There’s also a “new vs used” argument at this price point. If you have £7,000 to spend, would you be better off in a very basic new car, or a more upmarket second-hand one? That’s something this feature might help you work out. All of the cars in this gallery can be bought new for less than than £10,000. In fact, the cheapest car starts at less than £6,000 for the entry-level model. Good news indeed. It’s worth pointing out that we’ve used the very lowest prices for each of the cars. That means a very basic car – in the case of that first sub-£6k offering, you don’t even get a radio as standard. Prices are correct at the time of writing in early 2017, but they do fluctuate. More importantly, some manufacturers are more open to negotiation than others – haggle a bit, and these bargain motors might get cheaper.
brand new cars 4

Brand New Cars

Used car lots are overflowing. Millions of cars come from expired leases. For-sale-by-owner magazines are easy to find. Usually, the best deals come from individuals who are eager to get rid of their cars. They have one car to sell, not hundreds of cars like a dealer, so they will be more desperate to get the car out of their yard. Also, call some of the banks in your area and ask them how they dispose of their repossessions. Repo auctions are a great way to find good deals.
brand new cars 5

Brand New Cars

True penny pinchers always buy used cars over new ones for one rock solid reason: new cars depreciate by thousands of dollars the second you drive off the lot. But three years ago, before my financial epiphany, I bought a new car, and I don’t regret it. I concede that buying used is usually best, but there are times buying new isn’t as bad as some say.
brand new cars 6

Brand New Cars

when one can afford brand new cars comfortably,it would be ridiculous to go for a used car, afterall do you buy used shirts and socks if you could afford new ones. Ha. silly
brand new cars 7

Key thing with buying a new car, make sure you get a deal! If no deal, look elsewhere. These days, better deals can be found on a new car than a lightly used car, case in point me selling my car used for mare than I paid new. If you are going to buy new it can really makes sense if you intend to keep it a long time, you can make sure it is properly maintained and will last a very very long time. When buying a used car, do you think the owner took care of it, NO! I had bought so many used cars, you also need to just get them very cheap to make up for the lack of maintenance the previous owners never do.
brand new cars 8

Been driving my brand new Camry since1999. 222,000 miles on it. Maintain it by the manual. Keep good tires on it. It still runs like a new car and am as happy as a new car owner. I recommend buying new and running the car into the ground rather than blame a previous owner for unexpected problems and frustrations. I have a daughter that buys used Carts and she is equally happy with her success. She buys four and five year old Camrys with around 50,000 miles and usually gets another 200,000 out of them. She is probably doing the better thing. Unless you have plenty of money buy used, but don’t buy new to impress the next door neighbor.

Published on Feb 13, 2017 | Under Car | By michael ellis
| Jef-m
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