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Used VS new car: Which is the best buy?

New or used car? When you buy a car next, that’ll be one of the first questions you have to answer. And unfortunately it can be a tricky one because it always depends on you: your budget, your preferences, and what you need the car for.

To help you make the right decision, we’ve taken a closer look at the pros and cons of buying a new VS used car.
 

 

The advantages of buying used

 
It’s better value for money

Used cars are generally more affordable than new cars. That means you may be able to buy a better model, one that you might otherwise not have been able to afford.

There’s more choice

If you choose to buy a used car, there will be thousands of different models for sale by dealers and private sellers. These models will span from nearly brand new to 20-plus years old, giving you more choice than if you were to buy new.

Used cars depreciate less

Cars depreciate the most during the first three years of use. If you buy a used car older than that, it’s unlikely to lose value quickly and you may be able to resell it for close to the purchase-price down the track. This makes a used car a great option if you don’t plan to keep it for the long-term.

Limiting the risks

With that said, there are some risks of buying a used car – especially if you buy privately. When buying privately you should always be as careful as possible and buy a mechanical inspection and a car history report to make sure you know what you’re getting into.

On the other hand, if you buy a used car from a reputable dealer, you’ll be protected by consumer law and whatever the dealer claims or promises must be true. Dealers will also provide all the past-owner and driving history details to save you the trouble.
 

 

The advantages of buying new

 
You get that new car feeling

Buying a brand new car feels great. It’s pretty special sitting in the driver’s seat when everything’s pristine, clean and new – just for you. Plus there’s something about that new car smell.

Warranties offer protection

Most new cars come with one to three year’s warranty, and some have up to seven years. This protects you from expensive repair bills after buying, and since the warranty is transferable, the car may be easier to sell. All new vehicles purchased from Nicholson Autos come with a free 10 year premium mechanical protection plan.

It’s easier

Buying a new car is easy – all you’ve got to do is pick your favourite, test-drive then buy. You don’t need to waste time finding something with fewer ks on the clock or arranging mechanical inspections.

You’ll enjoy newer technology

Technology advances pretty fast these days. If you buy a brand new car, it should include all the newest tech – stuff like autonomous emergency braking, voice control and rear parking assist.

Deciding what’s right for you

When it comes to choosing between new and used, the right choice depends entirely on your budget and preferences.

If you’re still weighing up your options, drop into your nearest Nicholson dealership and we’ll give you a hand. We sell both new and used and our friendly experts are always up for a chat to help guide you towards the perfect car – whether it’s a 20 year old classic or the latest model.

 
 

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