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NEW Vs. Used Car Calculator
The average used car costs less than a new vehicle by about two-thirds. However, cost isn’t the only factor to consider and you should be aware of factors like the amount you travel, length of ownership, and the way you live. To determine if this is the right choice for you, answer the following questions for tailored advice.
If you decide to purchase a used or new car? At the simplest level, the latter will cost less. But , purchasing used can be a compromise on the latest features available. A new car is a good choice if you like spending more, and you want the most advanced features and lower maintenance costs in the beginning. When buying a new vehicle comes with higher reliability, lower interest rates and the option to personalize your purchase according to your preferences. But it also carries an increased cost of purchase which is more costly and a faster depreciating vehicle. When looking for a new vehicle, be sure to before the deadline test drive various versions of the model you’re looking at. The considerations when buying used has a shaky driving record and potentially costly maintenance expenses. But it will be more affordable, have lower insurance costs and appreciate at a slower rate. If you’re looking to buy a used car, think about a second option. It will offer the perk of a low cost while still retaining the assurance of a vehicle that’s well taken care of.
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