How to Choose Between a New or Used Car


Making the decision between buying a new or used car is a matter of personal preference. Ask ten different people why they prefer to purchase one over the other and you're bound to get ten different answers.

If you have the luxury of weighing both options, you'll want to be able to confidently say why you chose to buy new or used.

Here and now, we're going to break down some of the facts and opinions behind this choice and where our staff can help you make the best of your final decision.

Technology

Let's talk personality, shall we?

If you are drawn to the latest technology and innovations, you're likely to seek out a vehicle from the new car lot. The hands-free Bluetooth for phone and audio that new cars are offering today is a super convenient feature for everyday life. Rear-facing backup cameras make it so much easier to leave your parking space, even in the busiest of parking lots.

These features and many others have a smaller chance of being found on the used car lot in a car you like from a brand you trust. However, if vehicle technology is not your thing, you may find exactly what you're looking for in pre-owned inventory.

Safety

Today's newest vehicles are held to the highest safety standards in automotive history. Cars, trucks, and SUVs are all put through rigorous testing many times over as the experts make sure each vehicle is ready to protect its passengers.

For families, especially, there is a huge advantage when buying new: you will be getting the best safety equipment available on the market right now. This would include blindspot monitoring, radar-guided cruise control, lane departure warning, and even automatic braking!

Pre-owned vehicles are only as safe as the standards demanded they be when they were new. A vehicle 3, 5, or 10 years old simply won't compare to today's new offerings.

Dependability

Is it worth buying a new car? Some would say yes, merely based on the vehicle being brand new and coming with a warranty.

Warranties can be added to the purchase of a pre-owned vehicle as well, but the price is going to increase dramatically when doing so. A new car comes with its warranty already included in the price you'll pay, so there's no unexpected rise in your out-the-door price.

Additionally, there's no way to be sure what sort of miles the pre-owned vehicle has been subjected to during its time on the road. Were they all highway miles (generally less wearing on a vehicle) or was it stop-and-go traffic all of the time? Was that car asked to perform in the rain, snow, ice, or worse?

Buying new means you are the one who determines how the vehicle is utilized and what sort of environment it is subjected to. Buying used, don't shy away from sourcing a good pre-purchase inspection from a reliable technician who doesn't work for the dealership.

Selection

When you come into our store, you're going to find hundreds of brand new Hyundais on our lot, in addition to a large selection of quality pre-owned vehicles available as well.

Walk the new lot and you'll find many variations on each of our new model lines. We purposely stock dozens of each so that you have the chance to hand-pick the one that is perfectly suited to you.

Get the color you want (inside and out) paired with the tech you love and the safety equipment you need, all right here on the lot. If we don't have it, we can order it just the way you like.

Conversely, walk the used lot and you're going to find a huge selection of makes and models, with only a few of each to choose from. This may require a compromise on the part of the customer. Thankfully, used car shoppers tend to be more flexible with the inventory in front of them.

Variables like color, mileage, condition, equipment, technology, vehicle age, and more will all come into focus on the used lot. This is usually a determining factor in the decision between buying a new or used car.

Price

You can only drive a car off the lot in one of three ways:

  1. Cash Purchase (new or used)
  2. Finance Purchase (new or used)
  3. Lease Agreement (new only)

For those who are visiting the dealership to make a cash purchase, you will have the easiest path to walking out with a new or used car. There is no credit approval to check and no monthly payment to agree on; you need only to agree on the bottom line price and you're set from there.

Financing a vehicle means you're going to purchase it with borrowed money and pay back that loan in an agreed upon time frame. There are plenty of great tools for estimating your financed payment if you can get an idea of your monthly interest rate (this is directly tied to your credit score), but monthly payments increase by about $100 for every $5,000 you borrow (on average).

Decide to lease and you have chosen to rent the vehicle from the dealership, rather than buying it from them. This has upsides and downsides to consider, but for those who do not drive more than 10k-15k miles per year, leasing is a great option to keep in mind!

Will You Buy a New or Used Car?

As you can see, there are many factors to consider when you are looking to purchase a new or used car. While it may be a lot to take in, don't let it frighten you.

Our staff is focused on providing you with the most pleasant buying experience you've ever come across, and we're ready to prove it. If you'd like to contact us ahead of your visit, we'll have someone get back with you in a hurry.

We now offer a Nationwide Lifetime Powertrain Warranty on all new and certified cars. 

Make sure to remember this entire process is in your hands and no one else's. Any dealership that forces you to make a deal before you're ready to do so is not the dealership you need to work with.

No matter what, we wish you the best of luck in your search and we hope you'll consider working with Taylor Hyundai along the way!

Categories: Pre-Owned Inventory

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