If your car is on its last legs, or you need to change your vehicle to accommodate extra passengers or work-related equipment, you may be wondering whether to go for a new or a used motor. There are pros and cons of both options, but which suits you best? If you’re on the lookout for a new car, here’s a handy guide to help you make the right decision.

Used cars

When you hear the word used, you might immediately start conjuring up images of old bangers or retro classics, but the used car bracket actually covers any vehicle that isn’t brand new and straight off the transporter. While it is possible to buy cars that are several years old, many buyers look for nearly new cars. The advantage of buying a car that is a year or two old is that you essentially get a new release for a lot less money. New cars lose value the moment you leave the forecourt, and they continue to depreciate.

Used cars are also versatile, as you can choose from a range of models, and you can decide how much you want to pay and how old you’re willing to go. If you’re not massively fussed about all the bells and whistles, and you just want to get from A to B, driving around in a car that is 10 years old might not bother you. Alternatively, if you do want something a little snazzier, buying a used model will save you money on the RRP for a brand new motor. If you’re interested in used cars, take a look at sites like www.prestoexpatmotoring.com and get an idea of what kinds of makes and models you can afford. If you have an idea in mind, or your heart is set on a particular car, it’s well worth shopping around to get the best deal. When buying from a private seller, always look at the vehicle in the flesh, take the car for a spin and check the documentation before making an offer.

New cars

If you’re a car lover, there’s probably nothing more appealing than the thought of whizzing around in a shiny, glossy new car. Buying new gives you the opportunity to access the latest models, you have a choice of customization options, and in theory, you shouldn’t have to worry about repairs or anything going wrong under the bonnet. There are several ways of financing new cars, but it is important to note that new cars don’t tend to hold their value, and it may make better financial sense to buy a nearly new car instead. If you are keen to get your hands on a brand new car, look out for the best deals and ask about extras that could be included. Here are some tips to help you bargain if you’re new to the art of haggling https://www.moneycrashers.com/how-to-buy-car-tips/.

If you need a new car, it’s always wise to do your homework, research different makes and models and make sure you’ve got a budget in mind. Used cars come in all shapes and sizes, and it might make better financial sense for you to buy second-hand unless you’re absolutely desperate for a sparkling new ride.