Buying a new car is a surefire way to upgrade your life experience, but most people dread the process. We have good news. Buying or leasing a car can be quick, easy, and even enjoyable, but only if you avail yourself of the right resources and information in order to prepare for the purchase.
Here are steps you must take to simplify the process of buying a car.
Decide whether you want to buy new or used
When buying a car, you have the choice of purchasing a new car or a used model.A used car is always a better bet financially. New cars depreciate rapidly in the first year of ownership, and on average, the value of your new vehicle will plummet by 19 percent after just 12 months.
Consider Certified Pre-Owned
If used-car reliability is a concern, you might want to look into Certified Pre-Owned programs. Used cars that are part of manufacturer Certified Pre-Owned programs have been rigorously inspected, and only the most well-maintained and dependable models make the cut. These programs also offer warranty protection you don’t normally get when shopping used.
The advantages of buying new
Still, there are several benefits to purchasing a new car. A new car has new parts and a manufacturer warranty, which means you won’t have to spend money on repairs during the first few years of ownership.
Manufacturers are under a lot of pressure from the government to boost fuel economy in their vehicles, and this has translated into models that get more fuel-efficient with each new generation or mid-cycle refresh. As a result, you’re likely to get the best fuel economy from a new car.
New cars also offer the latest safety technology and infotainment features. If you’re looking to connect your car to your phone with Apple CarPlay or Android Auto, a new model will best serve you. And if you’re looking to step up your car’s safety with active driver assist technology such as forward collision warning, automatic emergency braking, and blind spot monitoring systems, you’ll find these features aren’t widely offered in vehicles that are more than a couple of years old.