Main Points:
1) Are you looking for a car that’s easy on your budget, and are you willing to compromise on technology and potential maintenance and repair costs? Would you also like to change or get on right away? Then choose a used car. Here, you can save a lot of money and have invested in a more stable alternative compared to a new car. Even if you only drive a few kilometers a year, buying a used car may be the right option for you.
2) Used cars are usually cheaper than new cars, which is great for your budget. If you buy a used car, you may face higher maintenance costs due to the manufacturer’s warranty having already expired and the limited availability of current technologies and security systems. However, if you buy your car from a reputable dealer such as LA City Cars, you should worry less about future expenses.
New car or used car—the question of all questions when buying a car, and it’s not that easy to answer. New cars offer the most modern technologies and guarantees; used cars attract with lower purchase costs. There are many factors that go into deciding whether a new or used car is the best choice for you. Our comparison shows you what advantages and disadvantages there are when buying a new or used car.
Buying a new car: pros and cons
If you choose a new car, you benefit from the latest technology and safety standards, as well as a guarantee that covers possible repair costs in the first few years or even up to 150,000 miles. In addition, the statutory warranty applies in the event of defects in the vehicle. But you also pay a higher purchase price. This higher price gives you the opportunity to freely choose the equipment and color of the car. You have the opportunity to configure your dream car yourself. However, please note the significant loss in value that a new car suffers in the first few years and that there are many models that have a longer delivery time depending on the economic situation.
Buying a new car makes sense if it is important to you that the vehicle is in immaculate condition and you want to take advantage of the benefits of the latest technology. It is also worth purchasing if you plan to drive the car for a long period of time and thus commit to a model in the long term. You can stretch the comparatively high purchase price over a longer period of time by financing your car. If you are disappointed with the loss of value after only 6 months, then buying a new car may not be the most economical choice for you.
Buying a used car: pros and cons
Used cars are usually cheaper than new cars, which is great for your budget. If you buy a used car, you may face higher maintenance costs due to the manufacturer’s warranty having already expired and the limited availability of current technologies and security systems. However, if you buy your car from a reputable dealer such as LA City Cars, you should worry less about future expenses. The resale value is also crucial when deciding whether to buy a new car or a used car. Most used cars keep their resale value. For a new car, this is significantly less than the value of a used car, since used cars have a more stable value over a longer period of time.
Are you looking for a car that’s easy on your budget, and are you willing to compromise on technology and potential maintenance and repair costs? Would you also like to change or get on right away? Then choose a used car. Here, you can save a lot of money and have invested in a more stable alternative compared to a new car. Even if you only drive a few kilometers a year, buying a used car may be the right option for you.
New car or used car: cost comparison
Purchase price
As a rule, new cars are more expensive than used cars because they are brand new and unused. Not always? Certain used car models may have a higher price than some new cars due to their rarity or particularly high demand. It is therefore not possible to give a general answer as to whether a new car or a used car is the cheaper option. The purchase prices for new and used cars depend on various factors, such as demand, availability of models, raw materials, and manufacturing costs. The economic situation also influences the purchase price. Depending on the development of these influencing factors, the purchase prices for new or used cars vary.
Insurance
Regardless of whether it is a new car or a used car, you have to insure your car. After all, even if you have a lot of driving experience, you are not protected from accidents in traffic. The costs of insurance differ depending on the scope of services. The fact is that used cars, in general, are less expensive to insure.
Motor vehicle liability insurance is mandatory for all car owners; you have the choice of partial or fully comprehensive insurance. The cost of comprehensive insurance depends on how many miles you drive your car each year, how high your deductible is in the event of damage, which registration district your car is registered in, how long you have been driving without an accident, and what type of car your car is. When choosing insurance, there are important differences that you should definitely consider in order to find the right solution for you and your situation.
Maintenance and repairs
New cars usually come with a manufacturer’s warranty that covers potential repair costs for a set period of time. Meanwhile, repairs are low-cost or even free. There are also often specific maintenance schedules recommended by the manufacturer. Regular vehicle maintenance allows potential problems to be identified early and resolved. If you stick to these maintenance intervals, this means lower repair costs for you in the long term.
Are you buying a used car? The older the vehicle and the higher the mileage, the more likely repairs will be required. Due to the lack of a manufacturer’s warranty, you will have to pay for any repairs and maintenance work yourself unless you have a separate used car warranty. A well-maintained maintenance history will help you identify potential problems and save money on repairs. Most importantly, if you buy your car from a reputable dealer such as LA City Cars, you get almost the same warranty as a new car.
Do you already have your eye on your new or used car but first want to test how the car fits you and your everyday life? With LA City Cars, you can test drive your desired model. Your costs are as transparent as possible, and there are no unpleasant surprises.
Buying a new car: what to pay attention to?
If you decide to buy a new car, you should ask yourself or the dealer the following questions:
-
What equipment is important to you?
-
What warranty conditions does the manufacturer offer?
-
To what extent is customer service guaranteed?
-
How long is the current delivery time for your dream car?
There may even be discounts or incentives for buying your new car. Be prepared to negotiate the price and any additional services, and find out in advance the average market price of your dream car. If you are considering car financing, it is worth comparing terms and interest rates from different providers. To ensure that everything runs smoothly, we have created a checklist for you: Do you want to buy a new car? You should pay attention to this!
Buying a used car: What to pay attention to?
Your decision has been made. It will be a used car. It’s better to ask the dealer or private seller too many questions than too few. For example, information about the vehicle’s history is important. In addition to mileage, this also includes accident history as well as repair and service history. The general condition of the vehicle is also something you should consider. This includes the interior, paint condition, tires, and chassis. To be sure that you like the car, you should test drive it. Remember, the seller’s character and reputation are as important as the car.
