Who doesn't want to buy a new car? Imagine the scent of newness emanating from the plush seats, opulent interior, the roaring engine that promises extra mileage, the gleaming metal that screams your name... ah, there's nothing like it.
Sure it sounds like an unbeatable deal, but others beg to differ. Used cars seem to hold as much promise as the new ones. So what's in it really?
New car versus old car? Prestige over practicality? We give you the lowdown on snagging yourself that spanking-new roadster.
PROS OF PURCHASING A NEW VEHICLE
1. Safety.
Equipped with the latest in safety technology, what could possibly go wrong? Right now we have the stability control, latch child-seat restraints, and smart air-bag systems, GPS, On-Star, all of which are hard to find on older vehicles. Add these to the convenience and comfort features of your new car and you're sure to experience worry-free driving.
2. Cruise in style.
Of course, a new car always spells g-l-a-m-o-u-r. From the person who used to hop from one car show to another to fulfill SUV fantasies, you're now that hot guy on wheels. Finally.
3. Reliability.
No problems for dents, scratches and any eventuality because you're entitled to a comprehensive bumper-to-bumper warranty of at least three years or 36,000 miles. Some even go up to 100,000 miles! You've also earned your car dealer's fierce loyalty, so any major concerns should be ironed out in no time.
4. Reduced maintenance.
You're the car's first owner so you're assured your car wasn't previously subjected to frequent breakdowns. Owners of used cars may have had previous owners that subjected the vehicle with questionable maintenance and repair history.
5. Steer in pride.
What can be more gratifying that knowing that the car is yours! In mint condition, no less! How to award yourself with this priceless feeling? Drive a new car.
CONS:
1. Instant depreciation.