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New vs. Used Cars

May 10th, 2008 by admin

New vs. Used Cars

The first, and often the biggest, question when buying a car is: should I buy new or used? The answer depends on what is most important to you. There are a number of quality new and used car dealers in the greater Toronto area.
Why Buy New?

Row of new carsThere are several good reasons to buy a new car. First and foremost, a new car is a blank slate – without use, abuse, or hidden problems you may be unaware of. Some of us just love that new car smell, and the feeling of driving away in the latest model from your favourite manufacturer.

Another great reason to consider buying a new car is technology. With the huge advances in technology, from one model year to the next there can be significant changes in comfort, thoughtful features, and safety.

Fuel consumption and emissions have also been a huge focus in recent years; the latest vehicles typically offer the lowest rates of gas consumption. With gas prices as they are these days, that can be a factor for many!

Leasing a New Car

If you plan on leasing your vehicle, you are usually looking at a new vehicle. Financing is typically more expensive on used vehicles – and manufacturers offer great finance incentives throughout the year to encourage you to buy new. While it is possible to lease a used vehicle, most people lease a new vehicle for a few years, and enjoy the benefit of having a brand new car every 2 to 5 years.

And finally – buying a new vehicle is generally easier than buying a used car. It involves less research, time, and effort than what’s involved in buying a used vehicle.

Why Buy Used?

Although still raft with potential pitfalls, the reasons not to buy used have decreased significantly over recent years. The shadiest used car operations have gradually disappeared, Used car with special on windowthanks to the considerable efforts of reputable new car dealers who have entered the used car market in earnest.

The biggest reason to buy used is that you can often buy more car for the money. A car depreciates the most within the first few years ; as a result, a three year old vehicle, while still in good condition, can cost considerably less than its brand new counterpart. That brand new car you love may not be affordable, but the one that’s been used for a few years now sits within your price range.

Take Some of the Worry Out of Buying Used With Pre-Owned Certification

Through their dealerships across the country, many manufacturers have introduced a certified pre-owned program. This program increases the attractiveness of buying a used vehicle, by removing the biggest concern: future repair costs. Backed by a manufacturer’s warranty, a used car under this program will be more expensive, but you will drive away with peace of mind, knowing that you are covered in case of problems. As with any warranty, be sure to completely understand the scope and conditions of coverage before purchasing.

As you can see, both new and used vehicles have their place, their positives, and attract different kinds of buyers. Which kind of buyer are you?

If you have any questions that will help you choose between buying a new or a used vehicle, just click on one of our advertisers along the top of this page.

Toronto New Used Car

This entry was posted on Saturday, May 10th, 2008 at 7:05 pmand is filed under New cars, Tips, Used Cars. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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