New Car Or Used Car: Which One You Should Buy

New Car Or Used Car: Which One You Should Buy

We all want to have an automobile with the latest features and should be in an affordable range. Buying a car is a good decision but depreciation reduces its worth over time. However, buying a motorcar is a very difficult decision to make for many of us. Before buying any automobile we have to choose the model, and features and how many milages it can give. Taking beside these we also have to decide for selecting between whether to go for a used one or a new one. Similarly, you have to be careful about its cost and how many kilometers you are going to use it, also may you are going to use this motorcar on regular basis. Along with, whether buying a car is worth it or not?

The same thing for a used automobile, how much does maintenances cost it will take? how many milages it can give? Is buying a used car worthy or not? To know the answer to all questions and for deciding between buying a new or a second-hand automobile, have a look at our blog. In this blog, we are providing all the cons and pros of buying a new or used car.

5 Points to consider while deciding on a new car or a used one:

Car Insurance

One of the amazing benefits of buying a used car is cheaper insurance, the premium amount of insurance reduces with the age of the motorcar. The premium is calculated according to the depreciation of the automobile when you sell or buy an auto. The premium amount of insurance is recalculated during the transfer of ownership resulting in cheaper insurance.

Warranty

The availability of a warranty is one of the most significant benefits of buying a new one. It can cover the most significant expenses in a few years of ownership. You can also get the warranty on a used one but a few months or a year, whether the warranty is available or not this is a matter of discussion, you have to discuss it with the seller.

Technology

Technology refers to the new features having, automatic emergency breaks, and a driver assistant system all you can get is the new latest version of any brand you want to buy. You can get some new features in a used one too but with some differences. While investing your money in a new car can be costlier, the other hand used one can save you money.

Price

Running a new car can be costlier for you, as first, you have to pay for buying a motorcar, and then you have to pay the remaining taxes with completing other formalities. On the other side when you are going for a used one, you have to pay less in comparison to a new one also you didn’t have to pay the extra charges or bills over the price of it.

Depreciation

Buying a new one is not only a huge investment it’s also an asset as depreciation decreases the value and price over time, whether you are taking good care of your car. Meanwhile, the depreciation of a used one occurs based on damages and the condition of a used car.

Above we have discussed the pros and cons of buying a new or used car. You can go for buying what better suits you.

How Can Getezo Help?

Getezo is one of the largest upcoming online marketplaces in India, which you can access from almost anywhere. Find out the cars on Getezo. The page takes you to a location where a list of the cars will be shown. Choose the option which suits you best. Also, keep in mind what we’ve discussed!

Also, Read: “5 Best Ways to Spruce Up your Second-hand Car.”

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