When you’re looking to upgrade your means of transportation, one of the most important decisions you must make is whether to buy a used or new vehicle. So, is it better to buy a new or used car? Truthfully, it depends on your lifestyle, needs, and budget, and having a better understanding of the differences between new vs. used cars will make the decision process easier. Explore the benefits of new and used vehicles with Starling Buick GMC Of Stuart, and you can contact us to get help deciding which is best for you if you’re still unsure after reading.
New Car Pros
- Newest Technology: Perhaps, the best thing about purchasing a new car is that you can get the best and latest technology. With auto tech developing so rapidly, new cars often have exclusive advanced features.
- Greater Fuel-Efficiency: Another thing for Stuart drivers to love about new vehicles is that they’re usually more fuel efficient than older models. As gas prices have increased around Port St. Lucie, so has the need for vehicles that can get more mileage per gallon, and new cars employ the latest automotive technology to produce greater fuel economy or even eliminate the need for gas.
- Full Warranty Coverage: All vehicles eventually require repairs and parts replacements, but most new vehicles are backed by bumper-to-bumper manufacturer warranties, which can save thousands of dollars in maintenance and repair costs.
New Car Cons
- More Expensive: New cars are thousands of dollars more expensive than new cars, making them harder to qualify for financing.
- Increased Depreciation: New cars begin losing value the instant you drive them off the lot, and they depreciate the most rapidly in their first few years. So, it’s unlikely you could recoup anything close to what you paid for a new vehicle if you sell it in the future.
Used Car Advantages
- More Cost-Effective: The main draw of purchasing a used car for Stuart drivers is that they’re more affordable in every way, from their sticker price to maintenance. Used cars also have lower insurance rates as they don’t have as much value to insure, and the same principle applies to sales and property taxes on used vehicles.
- Slower Depreciation: Since most used cars are past the phase of rapid depreciation, they have a much better resale value than new cars. If you keep the car in excellent condition, you could sell it for an amount close to what you paid for it.
Used Car Cons
- Higher-Interest Rates: Used cars have higher interest rates, which can mean higher monthly payments than new vehicles.
- Less Reliable: Used vehicles are more prone to breakdowns around West Palm Beach.
Start Shopping with Starling Buick GMC Of Stuart Near Port St. Lucie Today!
If you know whether a new or used car is the best option for you, let Starling Buick GMC Of Stuart get you in the driver’s seat of your next vehicle. Apply for financing online and get approved for your dream car, truck, or SUV in minutes, and our payment calculator allows you to see how much your monthly payments will be, giving you more power to choose the right vehicle for your budget! If you have a vehicle to trade, you can get a fair offer on our website using the Value Your Trade tool.