New Vs. Certified Pre Owned
Buying a new car is an exciting time, but it is also full of questions. Good thing we have the answers! A pros and cons list is always a great way to start when making a big decision. If purchasing a used car, it is beneficial to look at Certified Pre Owned vehicles. They are usually less than three years old with low mileage and no history of major damage. These vehicles pass strict inspections and get a new warranty that extends the original factory warranty – plus, save you some money! At Perfection Automotive we see all makes and models of cars and we are happy to help guide you in your next car buying experience!
NEW CAR
Pros
- Dealerships complete the paperwork
- Easier to get the color and model you want
- Warranty protection
- More fuel efficient
- Equipped with the latest technology
- Dealership sales and specials
- Less expensive to finance
- No miles
- That new car smell!
Cons
- More expensive to purchase
- More expensive to insure
- Significant depreciation when you drive off the lot
- Low resale value
CERTIFIED PREOWNED CAR
Pros
- Less expensive to purchase and finance
- Less expensive auto insurance and taxes
- Can purchase a nicer vehicle for your money
- Depreciation is less
- Good resale value
- Have access to reviews of historical reliability on the vehicle
- Access to a warranty
Cons
- Time researching car’s history
- More compromising on make, model and features
- Higher priced financing