Used Car Versus New Car!!! Making the Right Decision made easy.

In case you are a person who is finding difficulties in choosing a used car over the new car, then here are some factors to consider as we make our new versus used car decision. Instead of sporting on a brand new car, it makes better economic sense to buy a good used car. Today the average sales price of a used car is way lesser than a new car. There are several companies like Toyota, Honda and Ford offering used cars that consumers can really depend up on.

Representatives at the Used Car Dealer Los Angeles say that the auto insurance premiums will most likely be less with your used car. This is because the cost of comprehensive insurance is lower when the value of the vehicle is less. Also the loans on used vehicles are usually at a higher interest rates and shorter term than for a new car. But never be mislead by the 0% interest ads you see on TV for new cars. Those ads also say that interest rate is equipped for well qualified buyers. If you don’t have a sparkling credit report then you are not a well qualified.

Speaking about the maintenance costs, the representatives at the used Car Dealer Chattanooga feel that the maintenance and repairs on a used car will be higher than on a new car. But be sure to check on the warranties though, as some used cars may still be under the new car warranty. The big factor that really makes an impact on the new versus used decision is the lower depreciation and a lower initial price for a used car. These two factors are more than enough to make up for the advantages over any new car. So its up to you to make a choice.