New or Used: Which Is Right for You?

There are plenty of advantages to buying either a new or used car. Choosing the right way to go for you can cause many a sleepless night. All things being equal, the decision really boils down to what you can afford. That — and which choice will let you get back to sleep at night. Fortunately, Bloomington car dealers have plenty of both on hand so supply isn’t an issue. Let’s take a look at the buying advantages of each.

Very few new cars today sell for less than $12,000-$15,000, so, if money is the major decision-making point, a used car will be the better option for you. You can generally pick up a 3 to 4 year old car for just about half of the cost of a brand new one. Financially speaking, that is a huge savings. However, you are buying a pre-owned car, and you have no idea how well it has been cared for or how the previous owner drove it.

Buying New

Some people simply prefer new cars, and that’s okay. Here are some of the benefits of buying new, assuming you can afford to go this route:

  • Less Maintenance – New cars need less maintenance at the start. You can go several thousand miles before needing an oil change or tune up. Some Bloomington car dealers cover routine maintenance. You also won’t have to worry about major maintenance or tires for a few years.
  • Warranties – New cars come with terrific warranties that are good for at least 3 years, if not longer. This means for the first 3 years or 36,000 miles, anything that goes wrong with your brand new car is the dealer’s responsibility.
  • Roadside Assistance – This is now pretty much standard on all major makes of cars and trucks, and, best of all, it is free.

Unless you absolutely have to have new, a used car has advantages, too. Chiefly, used cars sold through brand name dealers are checked over carefully and often come with some type of warranty. You can also find some that are “like new,” meaning they have been given excellent care and will have a better warranty offer than if you were to purchase a used car from a private seller.

 

Buying a Late Model Used Car

While you may love that new car smell, the cost may be prohibitive. With the dramatic changes in the used car industry over the last few years, pre-owned vehicles are nowhere near as risky as they once were. It is true that with a new car you get a vehicle no one has driven or abused. It comes complete with a full, factory warranty, and any bells and whistles you want. Did you know that Indianapolis Ford dealers may be able to offer you an even better deal on a late model used car?

The new cars produced in the last few years are simply a much better automobile than what were available 5 or 10 years ago. This means the quality of late model used cars is higher, as well. Many dealers now offer “certified” programs for used cars. These are often cars no more than 3 years old, which have passed a series of tests in order to gain “certified” status. Even with the car being newer and certified, you can still save as much as 30% to 40% over new. Most come with 12 month warranties.

To make sure you are getting a good deal, you can check out the price of those vehicles you like on Kelley Blue Book and other sites for free. You can see what the make and model should be going for and with what perks. You can also compare the used car price to the new car price to see how much you are saving with a late model car.

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New or Used: Which Is Right for You?