For many first-time car buyers, purchasing a car turns out to be a stressful exercise looking out for the best available option. References and recommendations play a key role in your decision-making process. The journey of buying your dream car becomes a time-consuming affair, however reviews and comparisons from automotive websites, bloggers help you get a better idea on your search.
In the long run, your buying decision can make a big difference in your financial spends and the value you get for your money.
To help you make the right choice below is a comparison between brand new and pre-owned vehicles based on four crucial factors: warranty, functionality and condition, cost, and value.
The first thing that buyers think about when it comes to a car purchase is the cost. This covers both the car’s price upfront and possible expenses on repair and add-ons.
In the case of a new car, you have to pay a much higher price compared to a pre-owned car. This difference can be around 40%-50% if you plan to opt for an auto loan and up to 30% if you think of purchasing on cash.
However, in the case of pre-owned cars, you may check out low mileage cars which comes with genuine service history and benefits which can be comparable to a new car purchase and you may end up saving up to 30% on the spent.
The second most important factor which makes a brand new car a preferred option is the functionality or aesthetics of the vehicle.
Being newly bought cars, you can enjoy the latest features, smooth engine performance and a good fuel economy with additional benefits like free service contract and other value additions offered by manufacturers.
With the increasing popularity of pre-owned car business, key renowned pre-owned car sellers have made a breakthrough difference by offering handpicked and best quality pre-owned cars which cover almost all benefits of a new car including warranty, low mileage, Service contract, etc.
Most people think that buying a new car is always a safe choice because of the warranty offered. Since new cars would rarely need to have repair work done, there is a good chance that your warranty would mostly cover maintenance work on the vehicle.
However, with some certified pre-owned car sellers in UAE, you can make a better deal on your preferred car models which are sold with manufacturer or re-seller warranty. The biggest benefit is the cost difference between buying a new car and a pre-owned car, however, you still get peace of mind due to warranty coverage.
One last consideration point is resale of new car vs resale value of a pre-owned. Over the years, the depreciation of vehicles has rapidly increased. Statistics show that a new car’s value may decline by as much as 11 percent the moment a buyer drives it home.
However, in the case of used cars, it has the most significant advantage. Having a second owner status these cars eliminates the initial depreciation hit on the buyer. In simple words, the first buyer takes the major hit on price when he/she goes out to sell the car. While selling a pre-owned car your investment does not get affected to a great extent and you end up selling your vehicle at a much reasonable price.
Are you in the market for a new vehicle? Do you want to replace your clunky old car? Are you anxious if you have enough cash to buy a new set of wheels?
Worry no more. With certified pre-owned cars, you can choose used cars in good condition that perfectly fit your budget. What’s more, when you purchase a vehicle from an authorized used car dealer, you also get perks and benefits that can enhance your car owning experience.
Most car owners want to extend the mileage of their vehicle.
As your vehicle represents a significant investment, you’ll want to keep your car reliable and safe, mile after mile. Getting into the habit of keeping your car clean, washing it regularly, and driving responsibly is the start of helping your car run as long as possible.
Developing a maintenance routine and going in for regular car services and repairs is crucial to avoid significant breakdowns in the future. To help you greatly extend the life of your vehicle, we’ve compiled the best expert advice and identified the top car services that can keep your car in peak condition.
Are you in the market for a new set of wheels? How about driving your dream car for half its original price? Wouldn’t it be great if you can cruise around knowing you got to evade a huge depreciation hit simply because you got a still sleek and shiny used vehicle?
There are great advantages that you can receive when you choose to purchase a certified pre-owned car. Read on and find out the benefits that it can bring to the table.
You need a new car, but you can't decide if you should get a brand new vehicle or a pre-owned car.
Whether you need a daily driver or a second car for the family, it’s best not to dismiss one option for the other without objectively comparing these.
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