Brand New or Used? Picking Your Next Car
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Whether it’s for work or travel, most people will need a car to get around. While public transport is useful, it can often take too long, and once you abandon buses and trains for your own wheels, it can be hard to turn back.
But what type of car do you need, and how do you make it your own? Do you go for a brand new model, or do you go used? A used car might be cheaper, but there’s something about a top-of-the-range, brand new model that grips you. Before you make your decision, here are some tips for choosing your next car.
Loans and Finance
It can be a challenge to afford a car without some financial assistance, especially in the market for a brand new car. If the car is recent enough, you can look into options that provide fast loans no guarantor required to help you afford your new car.
Even if it is a used car, this method can be useful. Another option to explore is financing, which will allow you to ‘borrow’ the car with monthly payments before deciding whether you want to own the vehicle outright or return it at the end of the contract.
Future Value
It’s no secret that a brand new car will lose more than ten per cent of its value the moment you drive it out of the dealership, and in instances such as these, it means you’ve just paid a lot of money for something is now worth nowhere near that.
Furthermore, across the first year, the value can drop even further, and some vehicles are as much as twenty per cent. If you’re not looking for an investment and want to make some of your money back when selling the car, later on, a used car could be better value for money when you consider future value.
Engine Type
People on a budget who need a car will need to look for cars that are the cheapest for you to run. There are a few ways you can determine this. Smaller engines can be cheaper, as can those that use petrol rather than diesel.
However, you’ve also got to consider how you will use the car. While a small engine is useful for short trips and getting around town, it won’t be ideal for anyone planning a cross country adventure. You’ll also need to consider potential Co2 emissions, in addition to insurance.
What Do You Need It For?
If you need a car for work, then something with excellent fuel economy is ideal. You should also consider the comfort level and any gadgets inside the vehicle. You’re going to spend hours every week in this car, so you want to make it as affordable and as comfortable as you can.
Conversely, using a car now and again for quick trips to the supermarket won’t demand so much comfort or user-friendly features.
New or Used?
Choosing a new car comes with a wide range of things you must consider, and if it’s your first time picking a car, it can be massively overwhelming. However, with these tips, you should find it simple enough to understand your needs, meaning you can find your next car with little issue.