Should I buy a new or used car?

When it comes to car buying, things can get confusing and stressful. It’s a big decision! This is hopefully a vehicle your family will drive for a while, so it’s not a choice to make lightly. You have to think of what you need in a car: space for people and cargo, fuel efficiency, infotainment, and price range all play an important factor. When buying new or used, there are many pros and cons to be weighed. At Landers Chevrolet Cadillac of Joplin, we are here to make your decision easier. Read on for our list of pros and cons for both new and used cars.

Why I should buy new?

A new vehicle is going to last longer 99% of the time. No surprise there. When buying new, you avoid higher mileage vehicles and your vehicle starts off in pristine condition.

Get what YOU want. If you pick from our dealership’s new stock, we’ll likely have the same vehicle in dozens of different configurations, trim packages, engine options, interior options, and more. That can allow you to get exactly the vehicle you want. We can even help you order a car or truck from the factory with exactly the options you want so you’re getting your dream vehicle.

Resale value. If you start out with a new car with zero miles and drive it a few years before trading in, you’ll wind up with a used car with lower mileage. That usually equates to a higher resale value, especially if you took good care of your car while you were driving it.

Insurance rates. The cost of insuring a new car is usually significantly lower than insuring something pre-owned.

New car smell. Don’t tell me you didn’t think about this.

Why I should buy pre-owned?

Save that paper! And by paper, we mean your hard-earned money. Used cars come with lower monthly payments most of the time, which means there’s a bigger pool of vehicles within your preferred price range.

Depreciation. When you buy a new car it depreciates significantly as soon as you drive it off the lot. This can sometimes leave you driving a car that’s actually worth less than you owe. Buying pre-owned means avoiding massive depreciation.

Lower registration fees. Typically, this depends on where you live, but vehicle registration fees are generally lower with used cars.

Cars last longer now. With all of the amazing technology that’s available these days, late-model used cars will last significantly longer than they did even 10 or 15 years ago. That makes buying pre-owned a very smart choice.

Is your mind at ease now? No?! Well, this was just a brief list of some of the tops reasons to buy new versus used vehicles. Here at Landers Chevrolet Cadillac of Joplin, we would love to help you out further. Don’t hesitate to swing by today or call us for all your car needs!