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New Car or Used Car? Which One to Buy!
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Posted On :
Oct-07-2011
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Article Word Count :
956
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It is often hard to decide whether to purchase a new vehicle or go for a used one. If you are looking for the latest model with that spanking look and fresh car smell that fills your neighbours and friends with envy and give you carefree driving experience then new car is your choice. If price is a consideration then used car wins hands down. No matter whether you choose to purchase a new vehicle or used vehicle, most important thing is to purchase from a reliable exporter.
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Car cost is often the second biggest expense after housing costs so it is a major decision for most of us. A lot of thought must therefore be put into a vehicle’s purchase. It is often hard to decide whether to purchase a new vehicle or go for a used one. If you are looking for the latest model with that spanking look and fresh car smell that fills your neighbours and friends with envy and give you carefree driving experience then new car is your choice. If price is a consideration then used car wins hands down. No matter whether you choose to purchase a new vehicle or used vehicle, most important thing is to purchase from a reliable exporter. In my decades of experience in auto market, some exporters that stand out are Jim 4x4 in Thailand, Singapore Motors in Soni and Jim Autos United Kingdom in England.
Here are pros and cons of buying a new car and used car.
Pros of buying a new car
1. Peace of Mind in being car’s first owner
2. Carefree Driving: Reduced Maintenance and lower repair costs. No reason to see a mechanic for a long while and you can drive several thousand miles without worrying about a tuneup. You won’t need to change tires, batteries, exhaust system or brakes for the first two years
3. Pride of Ownership: It smells new, looks good and you are the envy of the Joneses’
4. Status Enhancing: Ownership of new car brings respect, status, satisfaction and increases one’s self-esteem
5. Warranty: You can purchase a warranty that will cover you for the first three years at a very reasonable price
6. No Worry about Past History: many used cars may have a dodgy history which you only discover once you start driving in earnest
7. Benefits of Latest Safety and Emission Standards: Every passing year, cars are becoming more safer and more environment friendly
Cons of buying a new car
1. Cost: Expensive to buy
2. High Depreciation: Depreciation kicks in as soon as you purchase it. It loses the greatest value in its first year
3. High Duty: Most countries import a much higher duty on new vehicle than on used vehicles
4. Low Options: It comes with few options so you have to spend a bundle to get it looking the way you want it to look either from the factory or at the showroom floor
5. New cars get stolen more often
6. Wait: Very often one must wait a few days of a few weeks for the new vehicle to deliver
Pros of buying a used car
1. Lower Price: It is cheaper than a new car
2. Lower Import Duty: Duty is lower than that of a brand new car
3. Accessorized: It comes already accessorized
4. Good Resale Value: The bulk of depreciation happens in its first year and after three years most of its depreciation is behind it so your vehicle will lose very little value when it is time to resell your vehicle
5. Affordable Luxury: You can purchase a luxurious vehicle for the price of a new small vehicle
6. Second Hand but not Second Rate: All current models are built to very high safety and quality standards and run very well for many many years
Cons of buying a used car
1. Maintenance and Repair Costs: A used car will require maintenance and repair sooner than a new one no matter how well maintained the car has been. Even though reliable exporters like Soni Motors Thailand, Singapore Motors and Jim Autos United Kingdom make sure that they purchase defect free vehicle, still a used vehicle is still a used vehicle
2. Dodgy History: If you are buying from a dodgy exporter or retailer he might have changed the odometer and painted over defects or might be selling you a stolen or unreliable vehicle. You avoid this scenario by sticking to first tier exporters like the Soni Group or the Jim Group
Both purchasing a new car and used car has its advantages and disadvantages. Buying a new car is a special experience and in many markets you can get the exact vehicle you want and you don’t have to worry about maintenance and mechanics but car value declines rapidly.
With used car you get great deals especially when you purchase from large global dealers as Jim Motors Thailand, Singapore Motors and Jim Autos United Kingdom and you pay less duty and get more value for your money as previous customers have accessorized the vehicle to look just right for their needs.
You can have the best of the world by buying either a demo model or an almost new vehicle that six months down the road have lost most of its depreciation but the same quality and same specifications. This way you can get the pleasure and benefits of driving a new car without the high cost. The other option is to wait when the manufacturer has released a new year model and the old year model is selling at a much lower price even though it is still zero meter.
Mark Marlee has 14 years rich experience as an automotive journalist. He is an automobile enthusiast himself. He learned driving on his own at the tender age of 13 on his father's Mercedes. Fortunately both he and his father's car survived the ordeal. He owns a Ferrari, an Audi and a Mercedes S Class and loves driving them. He has been reporting on car imports and exports market for the past ten years and is intimately familiar with this burgeoning industry and its key players.
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Article Source :
http://www.articleseen.com/Article_New Car or Used Car? Which One to Buy!_89412.aspx
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Author Resource :
No matter whether you choose to purchase a new vehicle or used vehicle, you can save a bundle by importing it yourself but to avoid fraud you must only deal with large global dealers as Jim Motors Thailand, Singapore Motors and Jim Autos United Kingdom.
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Keywords :
car import, car export, new car dealer, used car dealer new car exporter used car exporter toyota hilux vigo, Toyota fortuner,
Category :
Travel and Leisure
:
Cars
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