The decision as to whether you should buy a used or a new car always depends on your financial and life situation. In any case, you should carefully weigh the advantages and disadvantages of both options.
Advantages and disadvantages of used cars
The biggest advantage of used cars is, of course, the low purchase price. A used car that is four years old is sometimes offered for 50% less than the new price. Another advantage is immediate availability. Once you have found a suitable model, you can usually use it right away.
However, a big disadvantage with used cars is that the warranty period has usually already expired.
Furthermore, you can never know exactly how the previous owner handled the vehicle. That is why buying a used car from a reputable dealer makes more sense. A reputable dealer always give you some sort of warrantee.
But new cars also have advantages and disadvantages.
The biggest advantage of a new car is that you can choose the color and features yourself. If you approach a big used car dealer with high inventory of cars, this advantage can also be ignored.
When you buy a new car, you have the full warranty period available. Again a reputable used car dealer can also give you sufficient warranty.
The disadvantage of a new car is the large loss in value in the first few years.
Another disadvantage is that with a new car, you have to maintain shorter maintenance intervals.
When is a new car worthwhile, and when is a used one?
When deciding whether it should be a new car or a used car, you must take into account the planned period of use. A new car is particularly worthwhile if you plan to drive the car until it is scrapped.
You should consider purchasing a used car if you do not have the financial means to purchase a new one. If you only drive a few miles a year, a used car might make more sense.
