Tuesday, 20 August 2013
Benefits of buying a new car :
• The first and the foremost benefit of buying a new car is in being the first owner of the car, which helps you keep a distance with its shady past, frequent visits to the garage and all other mechanical and paper hassles.
• With manufacturer warranties available till three extended years, if something goes wrong it becomes the responsibility of the dealer and manufacturer to fix it.
• In addition to a comprehensive warranty, all major carmakers offer free roadside assistance on just a call.
• Above all, the new car comes packed with the latest gadgets, accessories and equipments.
Drawback :
• The cost at which you are buying is much higher than what you will pay for a used car. Also the moment the car comes out of the showroom, it gets deprecated atleast 20-30 per cent.
Benefits of buying a used car :
• Buying a used car is beneficial especially in cases where you dream for luxury cars but can’t afford them otherwise. So 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.
• Although used vehicles typically don’t carry the same warranties as the new ones, but the original factory warranty on a new car is transferable to a second owner, that to at no charge. So you get that extended benefit too!
• The depreciation value of the car remains considerably less than a new one retaining the original value when you plan to resale the car.
• For a used car you also pay marginally less amount on insurance too.
Drawbacks :
• The designs, specifications and features, accessories and added gadgets are all missing from a used car.
• Previous accidents and any other legal issues all come packaged with the used car.
• While you are on a saving mode on all fronts, maintaining a used car can squeeze all your money out from the pocket.
