Should I buy a used car or new car?

When it’s time to choose your next vehicle, will it be a used car or new car? We’ll talk about the differences of choosing new or used.

It’s important to have clear goals when you’re purchasing a vehicle. Here are a few things to consider when buying a new car. The first and foremost is depreciation at the point of purchase. When the dealer titles the car to you, this is when you will say ouch! Cars take the biggest single hit when the car is first titled.

A nice thing about a new car is of course being the first owner, new car smell and driving off the lot. It’s a special day for anyone their first new car.

The upside to a new car is the warranty. New cars will have typically more warranty than a preowned vehicle. Other things would include roadside assistance, towing and loaner cars.

Considering a preowned car, truck, or SUV model if you choose wisely can save you money on a couple financial fronts. First, all the first year new car depreciation is gone. Once a new car is titled with a new owner that owner will realize the largest depreciation hit at that time. Subsequent owners won’t realize such losses.

A used car will devalue for miles and condition. If you purchase a good used car and take care of it, you will be more likely to recover more of your investment back. Keep in mind though vehicles depreciate, no changing that!

When choosing a late model car that is still under factory warranty you can purchase additional warranty coverage. You may want to factor that into your buying decision. If the engine and transmission on most cars today are covered up to 100K miles, then it begs the question why do I need a warranty? The quick answer is all the onboard computers that run the systems in cars today. Most vehicles have twenty five times the onboard computing power than it took to take a rocket to the moon. Think about that!

With certified preowned cars you do have the advantage of additional warranty, clean CARFAX™ history report and in some cases special financing from the franchise finance source.

The upside to a used car is you can often purchase a little more car, truck or SUV model than its new counterpart. A vehicle with a few miles will be less expensive than the new version. If you choose wisely and do your homework, you will find this to be a great alternative to a new model.

Searching for a quality preowned car here in Tampa is easy, at usedcarstampa.com our dealer partners have great selections of quality used cars, trucks and SUV models to choose from. We hope you find our articles helpful and informative, good luck in your search.

It’s important to have clear goals when you’re purchasing a vehicle. Here are a few things to consider when buying a new car. The first and foremost is depreciation at the point of purchase. When the dealer titles the car to you, this is when you will say ouch! Cars take the biggest single hit when the car is first titled.

A nice thing about a new car is of course being the first owner, new car smell and driving off the lot. It’s a special day for anyone their first new car.

The upside to a new car is the warranty. New cars will have typically more warranty than a preowned vehicle. Other things would include roadside assistance, towing and loaner cars.

Considering a preowned car, truck, or SUV model if you choose wisely can save you money on a couple financial fronts. First, all the first year new car depreciation is gone. Once a new car is titled with a new owner that owner will realize the largest depreciation hit at that time. Subsequent owners won’t realize such losses.

A used car will devalue for miles and condition. If you purchase a good used car and take care of it, you will be more likely to recover more of your investment back. Keep in mind though vehicles depreciate, no changing that!

When choosing a late model car that is still under factory warranty you can purchase additional warranty coverage. You may want to factor that into your buying decision. If the engine and transmission on most cars today are covered up to 100K miles, then it begs the question why do I need a warranty? The quick answer is all the onboard computers that run the systems in cars today. Most vehicles have twenty five times the onboard computing power than it took to take a rocket to the moon. Think about that!

With certified preowned cars you do have the advantage of additional warranty, clean CARFAX™ history report and in some cases special financing from the franchise finance source.

The upside to a used car is you can often purchase a little more car, truck or SUV model than its new counterpart. A vehicle with a few miles will be less expensive than the new version. If you choose wisely and do your homework, you will find this to be a great alternative to a new model.

Searching for a quality preowned car here in Tampa is easy, at usedcarstampa.com our dealer partners have great selections of quality used cars, trucks and SUV models to choose from. We hope you find our articles helpful and informative, good luck in your search.

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