The choice between a new car and a used car is far from one-sided. Both options come with their own unique benefits, which you can discover below:
Stay current with a new car
Car manufacturers introduce and improve in-vehicle tech every year, and new cars get you the latest and greatest. This doesn’t just mean amenities like wireless charging and head-up displays (although those are quite nice), but also safety features like bird’s-eye view cameras and digital rearview mirrors. Fuel efficiency has trended upward over time, too, and that hardly touches on the excellent new hybrid models of many car models and the massive improvements in electric-only vehicles.
You can guarantee that a new car hasn’t been involved in any accidents or suffered any damage, ensuring it’s in the best condition possible. You’ll also have the fullest warranty possible, and the most incentives. Financial institutions tend to look better on financing for new cars, and you’ll have an array of excellent options with low interest rates.
Enjoy the best of yesteryear with a used car
Depreciation is a serious business, with new cars losing potentially 30% of their value in the first year of ownership. This only means good things for used car buyers as it gives you access to higher trims and a wider variety of cars for your budget. Insurance companies also charge lower premiums for used cars, and you’ll be less likely to fall prey to an “underwater” loan — one where you owe more than the car is worth.
Used cars come with all sorts of data these days: vehicle history reports contain all reported accidents a used car was involved in, and most recalls on a car’s parts will have already been completed after a few years. If you’re worried previous ownership will prevent you from getting a warranty, don’t fret, as Certified Pre-Owned cars come with guarantees about the used car. The specifics can vary between manufacturers and dealerships, but these certifications generally act as warranties for the used car.
Ultimately, there are benefits to buying used as well as to buying new. The best choice will depend on your budget, preferences and the kind of car you’re able to find. At Stingray Chevrolet Bartow, we have a large inventory of used and new cars with top-notch features. Take a look and you may just find your next ride!
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