New or used: Which car to go for?

It is agreed that the pleasure and feeling of driving a brand new car is just undeniable, but if you think logically than buying a used car makes financial sense. There is a high chance of getting confused to select your one car from the entire car industry. But how to know that the car you select is really the right choice for you? By reading the below mentioned Pros and Cons of new and second hand cars, all your hesitations will be cleared. So here we bring you the benefits and drawbacks of buying a new and a used car for both have their own purpose to play.

Advantages of buying a new car

• First Owner - The principal benefit of buying a new car is in being the first owner of the car, which directly helps you keep a gap with its dark past, regular visits to the garage and all other mechanical and paper hassles which generally cause inconvenience to the buyer of a second hand car.
• Maintenance Cost - Another important benefit that a new car can give is it can reduce maintenance cost. For the first several thousand miles a new car won’t need maintenance, and then costs incurring only an oil change and tuneup are required, leaving you with low maintenance cost and enough amount of peace.
• Warranty - Nowadays by buying a new car, one generally gets a ‘three to five’ year extended warranty cards in which if something goes wrong it becomes the responsibility of the dealer and manufacturer to fix it.
• Handy Assistance - With the inclusive warranty by buying a new car, all major carmakers offer free roadside assistance on just a call.
• Installed Gadgets - Another advantage of buying the new car is that the car comes loaded with the latest technology installed gadgets, accessories and equipments. For ex. Hyundai’s new i20 Active. It comes with its new variant features with all the latest technology installed rather than the second hand Hyundai i20’s old model.

 Disadvantages of buying a new car

• Higher Costs - The cost at which you are buying is much higher than what you will pay for a used car.
• Quick Depreciation - If you once bought the new car and then change your mind to sell it ASAP, its value already gets depreciated by 20-30% once it has came out from the showroom.

 

Advantages of buying a used car

• Luxury Car - One should go for a used car when dreaming of buying a Luxury car if it’s unaffordable otherwise. It is the best option as here is a chance when you can get your dream car at half the price rather at the price which you were paying for a new car and were rather unhappy.
• Depreciation Value - The depreciation value of the car remains considerably less than a new one retaining the original value when you plan to resell the car.
• Cheaper Insurance - There’s an advantage at the insurance cover also as for a used car you pay marginally less amount on insurance.

Disadvantages of buying a used car

• No Warranty - A brand new car will generally comes with a pretty extensive warrant whereas a used car will not offer the same protection. The warranty your used car gets generally depends on how old your car is maybe an original factory factory warranty is remaining. If that is not the case it is often a good idea to purchase an extended warranty.
• Difficulty in getting your desired Car - While their selection of used cars is huge you may not get the exact car you are looking for. When buying new, you can choose all the options and colors.

Shreenath Hyundai has a range of variety of new cars with the latest Hyundai i20 Active, Hyundai  Elite i20 , Hyundai  Grand i10 and many others.

To know more Contact Shreenath Hyundai – Hyundai cars dealers in Thane and Mumbai.