Compare New vs Used cars
Should I buy a new or pre-owned car?
Whether it’s a rugged SUV, an adventure double-cab bakkie or a hot little hatch you’re after, there’s no denying that becoming a car owner is a thrilling experience. One of the key choices you need to make earlier on in your journey, is whether you will buy a brand new car or opt for a pre-owned ride. A pre-owned car has had at least one previous owner while a new car is bought directly from a car dealership and has not been previously registered. We’ve complied a list of various factors to consider when comparing new and used cars, here’s what you need to know:
Pro's
- That wonderful new-car smell
- Greater variety to choose from
- All the bells and whistles with the latest technology and features
- Improved fuel efficiency
- You can choose exact specifications
- Access to the manufacturer’s warranty for a set amount of years or kilometres
- A service plan is included
- And of course, bragging rights
Cons
- Higher price tag
- Depreciation - new cars can lose up to 60% of their value in the first three years
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Be it a new, used or even a dealership demo car with its warranty still intact, there is no one-size-fits-all. Each has pros and cons that will impact your budget, always do your homework to weigh-out which car best benefits you.