Thursday 13 August 2015

Factors to Consider When Choosing Between New & Used Cars

Should I buy a brand new Hyundai in McKinney or go for a well maintained second-hand car model? Every car buying process starts with this major dilemma. Here we have listed some factors that you can consider in order to take an informed decision.

Depreciation – We all know that cars are depreciating assets. However, the new cars depreciate at a steep rate during the initial years of ownership. With Certified model used cars in Paris TX , you don’t have to bother much about the huge depreciation, as the previous owner had already taken the plunge.

Warranty – If warranty coverage is a crucial factor for you, then it is ideal to look for the brand new Hyundai car makes and models. Potential buyers who are in search for second-hand automobiles backed with warranty coverage may opt for Certified used cars for sale and other localities. Certified pre-owned cars (CPO cars) are provided by the authorised Hyundai dealerships in Gainesville and other vicinities, which comes with extended warranty protection. In most cases, the warranty is provided either by the automaker or the dealer itself. Hence, it is important to enquire more about the warranty terms before making the purchase.

2016 Hyundai Elantra SE

Maintenance – Can you afford the impending maintenance and repair costs? Buying a used car comes with a lot of risks. Let us say that you are planning to hire a mechanic and get the automobile inspected thoroughly before making the purchase, even then the maintenance and replacement costs for a pre-owned car will be higher than a new one. However, maintenance and repair services of new cars are offered at free of cost by the authorised Hyundai dealers during the initial years of ownership.

To sum it up, both the new and used cars have pros and cons, but the final choice always comes down to your budget limits and personal preferences.
Location: Paris, France

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