Buying a car is an important decision that should be taken carefully as it involves a major financial investment. Whenever you are buying a car, you can either purchase a brand-new car or a pre-owned car from the used car market. There are several factors that can play a part in deciding whether to buy a new or used car including buyer’s mindset, budget, commuting requirements and market trends. If you are someone who upgrades vehicles frequently, used cars could be an ideal option as these vehicles depreciate at a lower rate as compared to the new cars. However, if you are someone who is looking to buy a car for long-term use, buying a new car can be a good option as brand-new cars come with a specific warranty period and also offer futuristic technologies.
Advantages of Buying a New Car
The general opinion is that buying a new car has a lot of advantages over buying an old vehicle. To start with, you can enjoy being the first owner of the car and can pick the model of your choice from an official dealership. Since, you will be the first owner of the vehicle, the entire history of the vehicle and keeping it in the best condition will be completely in your control. The purchase of a new car gives the buyer an edge as the vehicle comes with a few years of warranty.
Buying of a new car also offers the advantage that you will have a variety of options for features, colors and other specifications. New cars also do not need frequent maintenance and repair jobs and can thus save you a lot of time, effort and money. In addition to this, you can enjoy the latest technologies and features when you buy a new-generation vehicle. The technological landscape in the automotive sector is evolving at a rapid pace and several new technologies have been introduced in the new cars.
New cars feature the latest in-cabin technologies for comfort and entertainment and offer uncompromised safety, thanks to the availability of advanced safety features. On the other hand, the driving experience has been significantly enhanced in new cars with state-of-the-art drivetrain technologies and impressive driver-assistance systems. The new cars truly offer value for money when it comes to the availability of advanced features and technologies. If you are someone who does not want to use a car with old features and limited technologies, buying a new car can be an ideal option.
Advantages of Buying a Used Car
Many people prefer buying a used car as this purchase can get you a budget-friendly deal. The buyers who want to own a vehicle that offers impressive utility at a budget price can choose to buy a used car. Another factor which makes the purchase of a used car profitable is that the value of a used vehicle depreciates at a slower rate than a new vehicle, which means you can also sell your used car at a fair price if you decide to buy a new one in a few months.
According to experts, the depreciation of a vehicle starts right after it has been purchased for the first time and driven out of the showroom. This will not be a problem when you buy a used car as most used cars will have already undergone maximum depreciation, which occurs in the first three to five years of a car’s purchase. After this period, a vehicle depreciates slowly and can offer a good value for money if it is maintained carefully according to the instructions mentioned in the car owner’s manual.
Used cars are often preferred by car buyers who want to purchase a vehicle with impressive features and good performance at an affordable price. Car buyers who change their vehicles frequently also opt for used cars as these vehicles offer a good resale value whenever you decide to sell them.
Budget
Budget can be an important factor in making a final decision about buying a new or used car. A wide variety of new and used cars are available in the UAE in various segments and price brackets. Car buyers can easily find a suitable car in the used car market even if their budget is low. On the other hand, several top-of-the-line new family vehicles are also available at affordable prices in the UAE.
For finding the best car, car sellers should shortlist their options in the used and new car category and choose a car that best fits their requirements within their budget. Such an approach can make it easier for buyers to decide whether to buy a new or used car.
Commuting Requirements
Commuting requirements must be taken into consideration whenever you need to decide whether to buy a new or used car. If you are a frequent traveler and if your budget allows, then you should purchase a brand-new vehicle that offers impressive fuel efficiency. Modern-day cars are equipped with the latest drivetrain technologies, which ensure impressive performance without affecting the fuel efficiency. On the other hand, if you are buying a family vehicle for occasional getaways and fuel efficiency is not a major preference, you can even buy a used car.
A lot of other factors such as family size, storage needs and type of vehicle should be considered when you have made your mind to buy a used car for your family getaways. Used SUVs can be an ideal option for large families who like to travel together while small families can opt for new sedans or hatchbacks, which will offer a dynamic driving experience and enhanced fuel efficiency.
Why You Should Avoid Trade-ins?
While buying a car, one should always avoid a trade-in deal, which refers to selling a used car and buying a new one from the same dealer after adjusting the difference between two payments. A trade-in deal only caters to the benefits of dealers, which is why car sellers should not opt for it. When you sell your used car and buy a new one separately, you can get benefit from both transactions. You can negotiate with the buyer to get a fair price for your used car and ask the dealership to offer you a discount while purchasing a new one.
This is completely different in a trade-in deal where you will only be able to acquire one benefit, either in the form of a discount on the purchase of a new car or by getting a fair price for your used car. Since you will be paying the difference between the two payments, you will not be able to get a fair deal when trading in your vehicle.
How SellAnyCar.com Can Help You in Selling Your Car at a Fair Price?
SellAnyCar.com, the largest car buying company in the UAE, offers an ideal platform for selling a used car. With SellAnyCar.com, you can sell any used car in just 30 minutes, regardless of the make, model, condition or age of the vehicle. SellAnyCar.com ensures guaranteed purchase of every used car that has been inspected by its experts and offers a fair price for it. The entire paperwork will be handled by the SellAnyCar.com team, which will make it 100% hassle-free to sell your used car. After selling your car to SellAnyCar.com at a fair price, you will be able to buy the new car of your choice easily.
By separating the two transactions, you will be able to negotiate for a discount while purchasing the new car. In this way, car sellers can get the best deal whenever they make their mind to upgrade to a new vehicle.
If you are looking to sell your used car to buy a new one with advanced safety features and improved performance, then don’t forget that with us, you can sell any used car in just 30 minutes while all the post-sale paperwork is handled by SellAnyCar.com’s team.
