There are certainly both pros and cons to buying a new car, but how can you decide if this is right for you?
Here are some factors to consider:
- Finances. Is your credit high enough to warrant buying a new car? Will there be any rebates or financing options for you to take advantage of? Can you afford a down payment?
- Maintenance costs. New cars often have less maintenance costs compared to used cars, and a warranty can help with unforeseen expenses.
- Safety and technology. Do you want the latest safety and technology advancements? New cars should have the latest upgrades built in, so a new model may be what you’re looking for.
This is just the tip of the iceberg. Continue reading for more help deciding whether a new or used vehicle is right for you.