When it’s time to buy a car, you might get excited at the prospect of trading in the old clunker and get something more dependable and better looking. However, it’s sometimes a daunting task to check out all the available cars for sale. You can buy new, lease new, or buy used and one option will serve you best, but which should you choose? Let’s look at all the options to help you decide.
New
Buying a new vehicle is the most expensive option, but you would buy new if money were not an issue. Unfortunately, most people don’t have an unlimited budget, and they have to get what they can afford. A brand new car comes with an excellent warranty which you can extend. You’ll enjoy the latest features and comforts, and if any problems arise, the dealer is there to take care of them. However, your car will depreciate in value as soon as you drive it home, so it’s not considered a sound investment.
Leasing
Many people check out cars for sale and then decide to lease. The main reason is lower monthly payments. At the end of the lease, you have no transportation. So you pay just for the time you drive it. However, if you like to drive a late-model car all the time, leasing might be a good idea.
Used Cars for Sale
If you decide to buy a late-model previously owned car, you can save a lot of money on new vehicle depreciation. Some dealers have cars less than one-year old for much less than you’d pay for a new car on the lot. Certified used vehicles come with powertrain warranties and the dealer service technicians check them out completely. Make sure to weigh all your options carefully before you decide what to do and don’t forget to check used cars too.
