New vs. Used Auto, Which One is Better?

Heather Dueitt, VP Marketing
Heather Dueitt, VP Marketing
Buying New or Used: That's the question

There are some things that you need to consider when you begin your car search, but one of the biggest questions to ask yourself is do you want a new car, or a used one? Each has its pros and cons. A new car comes with a warranty and a clear car history. Chances are, the car won't be in the shop for a good year or two, and you won't have to deal with the hassle of having to go without wheels for weeks on end when the repair shop tells you that the part you need is out of stock. However, a used car is much softer to your account balance and has already depreciated in value (which won't hit you as hard) if you try to resell the car.

New Car Advantages
New Car Disadvantages
Used Car Advantages
Used Car Disadvantages

If you do your homework, a used car can be every bit as reliable as a new car. It might not be as shiny, but it is more affordable and practical, especially if it's your first car. Plus, you can buy a lot of car wax from what you saved to spruce it up. Even buying a car that is just a year old can be exponentially cheaper than buying it right off of the lot. But if you're stuck on buying a new car, look up the price of the car and visit kbb.com to compare it with the price of the same model one year earlier -- and you may begin to reconsider.

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