Before you get too far in the car purchase process, you'll need to decide whether you want to buy a new or a used car. The good news is that both choices have upsides, especially when you're shopping from the quality inventory at Carl Hogan Chrysler Dodge Jeep Ram. Here are a few insights into new and used cars to help make your decision a little easier.
Price
Used cars have the edge when it comes to price. Since used cars have already experienced depreciation, their starting prices will almost always be lower than a new car. One great thing about new cars is that they often have incentivized financing options, meaning your interest rate for a new car loan will often be less than a loan for a used car. Plus, you can lease a new car, which can be a money-saving option for many people.
Reliability
You can't beat the reliability of a new Dodge, Jeep, or Ram. New parts in a new body help new cars to perform reliably well when you drive. Even if something breaks a new car, the issue will likely be covered under the vehicle's factory warranty. At the same time, used cars can also be quite reliable. By checking the vehicle history report of a used car, you can get a good idea of how the vehicle was cared for by its previous owner. Since cars are built to last, you can often get many good years of service out of a used car that hasn't been abused.
Ongoing Costs
In most cases, your property taxes will be lower if you buy a used car. When it comes to insurance premiums, though, this isn't always the case. Since new cars have exceptional safety features, some insurance companies will provide discounts since your car presents a lower risk of being involved in an accident. It's best to check with your insurance agent before you head to the dealership to know for sure.
To schedule a test drive of one of our new or pre-owned vehicles, feel free to contact us today.
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Pre-Owned Inventory