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Why You Should Buy a New Car

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Why You Should Buy a New Car

Are you planning to change your current vehicle and can’t decide on whether you should buy a new car or a used one? A quick comparison of initial upfront costs may convince you into thinking a used car will be more cost-effective. But this article will look at three benefits of buying a new car that you should consider.

  1. Running Costs

A new car may cost more upfront, but you should take into account the running costs and the costs for services or repairs. Technological advances mean that you will be likely to use less fuel in a new car, and your insurance will be cheaper than if you buy a used car.

With so many finance deals available for a new car, you will easily find a low interest rate deal on your purchase. Shop around to see what finance options are available to you and compare prices on new and used cars using dealers such as Unbeatable Car for good deals.

Good timing can be crucial for finding the best deal on a new car as it’s generally cheaper to buy at the end of the year. You may be able to negotiate a better price than the one advertised as car dealers will be trying to reach their quota. Also, as it’s the period between registration plate changes, you could find a great deal on what is considered the dealer’s excess stock.

  1. Safety Features

When buying a new car, you can benefit from the advanced safety features available, such as:

  • Blind spot monitoring
  • Lane departure warning
  • Rear-view camera
  • Pedestrian detection
  • Adaptive cruise control
  • Telematics

These safety developments are no longer only available in high-end luxury cars and they can be found in some affordable new cars. If great safety features are what you want in a car, then investing in a new car makes sense.

  1. Depreciation

Motoring cost experts CAP Automotive advise buyers that they could save money by choosing cars that hold their value. They have listed the top ten cars for beating depreciation, with Land Rover, Tesla and Maserati topping the list for makes that best hold their value.

When you buy a new car, hoosing the right options when you buy can minimise depreciation. For example, a built-in sat nav and air con are very desirable on mainstream cars. Also, metallic paint and leather seats will help an executive car hold its value.

As a smart consumer, your decision on whether to buy a used or new car is likely to involve a lot of careful consideration. However, there are many benefits to buying a new car, including improved efficiency and safety features. With the right research, you may be able to find a deal on a new car that rivals that of a used car and ultimately save money.

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Article writer, life lover, knowledge developer and owner at youngmoneymakertips.com

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