| Purchasing your first motor vehicle is one of the most significant and memorable acquisitions in the life of every person. To make the right choice among the variety of makes and models on the market is not easy. The impressions of your first automobile substantially influence your attitude to a definite make of the automobile and define your priorities when doing another purchase.
Important parameters when choosing the first automobile are the cost of the automobile and its technical and operational features. But for a start, you should take a decision whether to purchase a brand new motor vehicle or a used one. Both options have their advantages and disadvantages. Let's take examine them in detail.
Pros and cons of getting a new car:
1) If a car is new it signifies that you will feel it with each cell of your body - the perfect condition of the automobile will appeal to your eyes.
2) The latest technology and style is incarnated in a brand new car.
3) Better and better safety equipment is being created daily, so purchasing a brand new car implies getting the highest level of safety possible at the time being.
4) You may be certain that each detail of your motor vehicle is new and to the point. You have a full producer's warranty.
5) If you qualify you get the lowest loan interest rates.
6) You've got the option to lease.
The enumeration of pros is quite convincing, but still there are some cons. Let's mention them:
1) The price of a brand new motor vehicle is high, but its value depreciates rapidly. Even in case you use the automobile for a day only, it still will be regarded as a used one, and its cost will be much lower than you paid.
2) Insurance rates for a new automobile are way higher that for a used one.
3) Taxes are also higher.
Now we'll pass on to enumerating pros and cons of getting a used motor vehicle:
1) The high first-year value depreciation will not touch you.
2) In case of purchasing an almost-new motor vehicle, you get almost the same safety level and styling as if you purchase a brand new one, but at a lower cost.
3) Used automobiles of the same make are quite different in years of production, mileage and condition, so are their prices. So you have a possibility to find the best correlation "price-quality".
4) You still have a chance to get an automobile with a warranty, but at higher cost than without it.
5) Insurance rates and taxes are lower than for the same models of a new car.
So what are the minuses of buying a used car?
1) You get the motor vehicle in the state it is at the moment of buying, and you have to bear with all the shortcomings it has. Note that automobile sellers prepare their vehicles for sale and do everything possible to conceal shortcomings. It is a good idea to have the motor vehicle inspected before purchasing it.
2) You run risks of getting a wrecked motor vehicle.
3) A lease option isn't available if you purchase a used automobile.
4) In case of loan you have higher interest rates.
In conclusion we should say, that purchasing a used automobile will save you a considerable amount of money, but still be ready to run higher risks. Anyway, it's up to you to decide. Have a good luck! |
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