Lavish or careful car purchase? Which is right for you? Shayan A

A new car has a greater chance of losing its value more significantly than used cars Also, there will be less money required to fulfill the monthly costs of a used car. Not to forget, used cars cost less to insure. A new car may come with more advanced safety features as opposed to a used car. Unlike a used car, a new car may last a longer time with fewer repairs. As there are both advantages and disadvantages to purchasing a new car or used car it all depends on your financial situation. Do you have a budget that allows you to spend money a new car and have enough for other essential expenses, or are you looking for a temporary investment considering the funds you have? With a person who is not looking to spend a lot because of their financial restrictions a used car would be the best as the car costs less to insure, the price of the car declines less drastically and monthly payments are not as high. However, the long term maintenance and safety features may not be up to date in some cases.
ALL INFORMATION IS FROM: New or Used Car