With all the options out there, why should you choose buying a new car? Here are a few reasons:
Quality – It’s no secret, but when you buy a new car, you’re getting top quality. Since you’re the first one behind the wheel, there’s no wear and tear to speak of. You’re also getting top technology and top updates in a new vehicle.
Ultimate choices – When you choose a new vehicle, you can get anything you want. Whereas with a used car, you’ll get what the old owner wanted. A new car gives you freedom and power of choice to pick the color and trim level that you want.
More incentives, lower interest rates – With new cars, you’ll get better incentives like low-interest financing and cash rebate. A used car will have a lower sticker price initially, but the overall interest rate you pay might be higher.
Better resale value – Typically depreciation is viewed as a reason to buy used, but new cars are actually likely to have a better resale value. Why? Because new vehicles that are high in demand and sell above their sticker price tend to have less depreciation.