Purchasing a vehicle is a fairly sizable financial commitment, not nearly on the same level as buying a house, but there are still a number of things to consider. The debate often lies in whether it’s better to buy a car new or used. There are pros and cons to each, so make sure you spend some time weighing them before you make a decision.
The primary reason to buy a car used is that it’s less expensive than buying new from a dealership. With a bit of searching, you can find great deals on good cars in good condition. One of the most important stats to track is how much mileage was put on the vehicle by the last owner. This will give you a rough idea of how much wear and tear has been put on the car.
On top of that, many used car lots will also have a record of the maintenance performed on the vehicle, so you know how well it’s been taken care of. Obtaining as much information as possible before making a purchase will help you avoid getting burned by someone trying to make a few extra bucks by hiding serious issues that may necessitate costly repairs in the future.
The benefits of buying a vehicle new from a dealership are fairly straightforward. First off, you have the assurance that you know exactly what you’re getting: a car that is in factory condition, no unexpected surprises, any manufacturers defects covered by warranty, as well as the new car smell. Obviously the cost of a new car will be higher than a used vehicle of the same make and model, but what you’re paying for is the certainty that your car is in ideal condition, and that getting the most out of its lifespan is a matter of how well you maintain it and is in no way subjected to how well that vehicle was treated by its previous owner.
If you’re living in Victoria BC, new & used cars can be found by checking out our member offers below.