Buying a car should be an exciting journey, but it has its tough choices, too. One of those is deciding between buying a new or used car or truck. There are benefits and disadvantages to both. Buying a brand new car is not only exciting, it has the added benefit of getting you into a car that’s reliable and, in most cases,
covered by warranty! This peace of mind may be worth the price for you. As an added bonus, you can very often customize your new car to your exact specifications. A brand new car doesn’t come without a price, though, and very often the cost of buying a new car versus a used one is a deciding
factor. New cars also depreciated almost immediately, meaning your new car or truck will be worth a lot less than you paid for it the minute
you drive off the lot. Buying a used car or truck, on the other hand, is often a more affordable option. Because the car may cost less, you can often put a bigger down payment down, meaning you have more equity built up in your car or truck right away. Many dealers today also offer certified used cars and trucks, helping to ensure reliability. Buying a used car has its own drawbacks, though. Even if you request a report like CarFax,
you may be uncertain about the car’s history and maintenance records. Reliability may also be an unknown factor. Weigh the pros and cons of new and used cars. Do the benefits of one outweigh those of the other? Factor those pros and cons in along with your budget, and determine which is the best choice for you. At MHV, we’re committed to helping you drive away happy! Visit our website for additional guidance
for your car buying journey.