Is it better to buy new or used car?

Buying new car or used car? That question usually pops up when someone is going to buy a car as a personal transport means. Before answering, there are se
Buying new car or used car? That
question usually pops up when someone is going to buy a car as a personal
transport means.
Before answering, there are
several things you should note. First, your main reason of wanting to have a
car. Make sure of your needs before you decide to buy the car, whether it is to
be used alone or with your family.
Second, check your financial
ability. Buying a car means it is not only about spending the money in the
beginning, but also about monthly spending, such as paying for regular service fee,
toll charges, as well as gas expense. Therefore, before making decision to
purchase a car, you must be sure that it won’t affect your other primary needs.
After being clear with your
intention and financial ability, next step is to determine how to get the right
vehicle for you. Should you buy new car or used car?
New car
If you have sufficient budget or
more, then buying a new car should not be a problem. You can buy it cash or
join an installment program.
There are many benefits from
buying a new car. First, you will get
certain prestige for having a car with the latest design and features.
Second, you will less likely to worry about the car’s quality and
technical problem due to new engine.
Last but not least, a new car most likely comes with warranty and
service guarantee during certain period. So, if your car breaks down during
that period, the dealer will pay all the expensesfor service, new spare parts,
or both. Additionally, you will get free service up to certain mileage.
However, buying a new car also
has itsown disadvantage. New car resale price can quickly depreciate even if
only used for a few months.
In the first few years, the price
of a newly purchased car can usually drop until 10%–15%.
Used car
On the other hand, buying used
car has its own advantage. First, it is
more affordablethan a new car, which is good for those of you with limited
budget.
Used carscan also be paid in cash
or in installments. Nowadays, there are many financing firms that offer auto
loan for used cars.
Second, the resale price for a used car will not plummet, unlike
the price of a new car thatwill automatically decrease after being used. The buying/selling
price of used cars already have their own market standards.
Last but not least, with limited budget, you can get a car that has
better specifications and features.
For instance, with Rp150 million,
you will only get a new low cost green car (LCGC). Meanwhile, with the same
amount of money, you can get a used car with specifications above the LCGC
type.
Nevertheless, buying used cars
also has several disadvantage. You will never surely know the quality of the
car, whetherit is still roadworthy or not.
Therefore, to avoid getting a car
that is not roadworthy, it is recommended that you buy a used car in a
reputable place. Make sure that the seller is giving a warranty for the cars
they sell.
So, is it better to buy a new car
or a used car? Once again, it all depends on your needs as well as your budget.
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