A car is one of the most expensive purchases that the average person will make in their lifetime, second only to a home. However, it’s not just the sticker price that you need to consider when deciding whether or not a car is worth it for you; there are many other factors involved in this decision – namely if you should invest in a new or used cars in chicago.
Here are some reasons to consider investing in a new car and some reasons to consider buying a used one:
Warranty
When you buy a new car, there is typically limited warranty coverage included in the price. This will cover any mechanical issues or defects with the car. While this warranty lasts, you won’t be on the hook for any major expenses that are not your fault. In addition, the manufacturer will cover a certain amount of maintenance on your new car.
Safety
When you buy a new car, it is typically in the first few years of its life cycle. This means that you will have fewer miles on the vehicle and therefore fewer chances for mechanical problems to arise that are not your fault. You may also be able to use features like lane departure warning or safe breaking that would not have been available if you purchased a used automobile.
Maintenance
Since you will be driving the vehicle less, there is going to be less maintenance involved with it. This will save you money in the long run since you won’t have to pay for expensive parts and labor. You can also get regular inspections when maintenance is needed rather than waiting until something breaks before getting it taken care of.
Safety Features
Since a new car comes out of the factory with a limited warranty, it may not have the features that you would want or need. For example, you may want parking sensors that will tell you when there is something close to your car in harm’s way. Or, you may need technologies such as blind spot monitoring that will alert you when another vehicle is in your blind spot. When purchasing a used car, you can install the features that you would like to have and make sure they work right. This could save you money down the road since you aren’t purchasing features that may already be broken or outdated by the time it comes time to purchase another car.
