LET US HELP YOU CHOOSE BETWEEN A NEW AND USED CAR

NEW VS. USED

When shopping for a car, the first decision you have to make is whether you want to buy new or used. While used cars cost less than new ones, new cars have some unbeatable benefits. 

COST

Yes, new cars cost more than used ones. However, in the long run the costs can even out, thanks to warranties and the fact that all the miles the vehicle accumulates are with you. In addition, nothing beats the value you get in a new car, especially with the new car smell.

RELIABILITY

When you buy something new, you don't have to worry about it breaking down for quite a long time. And, in the event it does, it is most likely still covered by a warranty.

BRAND NEW

While cars in general are built to last a long while, there are no guarantees. With a new car, you know it is not going to be a piece of junk. This can be a great benefit if you have had a long history of buying unreliable used cars that keep failing you.

INTEREST RATE

In general, the interest rates on new car loans tend to be lower than those on used car loans. In addition, the better your credit is, the lower your interest rate could be.

RESALE VALUE

While you may have plans to keep your new car for years to come, you will likely sell it or trade it in at some point. If you keep your new car for five years or keep a used car for five years, the resale value of your new (now used) car will likely be higher than the used car, meaning you will get more of your money back.

OEM INCENTIVES

When you buy a new car, you might be eligible for OEM incentives, such as low interest rates, cash back offers, and other incentives. These are usually not available for used cars.

TECHNOLOGY

New cars come packed with the latest technology and advanced safety features.

Think a new car is right for you? Check out our inventory at H&H Cadillac. 

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