Why Buy a New Car?
Why buy a new car when there are so many other options both via lease of the second hand market? Simply put, everyone has their own personal reasons for buying a new car. It is hard to describe the feeling you get when you have a shiny new vehicle sitting in front of your home. To me it is a mixture of excitement, pride and just an outright giddy feeling.
So enticing is the promise of new that some people will go to many lengths to justify their indulgence, regardless of the average forty-odd per cent car depreciation which will befall a brand new vehicle in the first few years of its life with you.
The new car smell is a unique one. Some people don’t like it, but on the other hand there are even air freshening products on the market today that carry that scent. So it seems to me that I am not in the minority. The smell reminds you whenever you get in your new toy that it is brand spanking new and YOURS!!
Another thing I like about buying a new car is that you get to choose the style, options and colour, unlike a used car where you have no control. The most exciting part of the whole brand new car process to me is searching for the one that you know is “the one”.
I am talking from experience. It wasn’t until about four years ago that I bought my first brand new car. I had waited for the opportunity all my life. I was finally financially secure enough, had a good down-payment, and had done my research. I had waited for the opportunity for a long time and the prospect of owning a brand-new-with-tags vehicle was massively exciting.
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Then last year I bought my second new car and gave my “old” one to my daughter, who had just graduated from high school and was starting her first year in college. When I say “old” I am being sarcastic, because I had taken very good care of that car and it was still in excellent condition, with low mileage.
One very important thing to keep in mind is, even though you’re caught up in the excitement, don’t rush into anything. If you rush into things it might end up being more costly for you. This is an important and emotional decision that shouldn’t be taken lightly. You have to do your homework and research.
The reality is that you can get unbelievable deals when you are buying a new car if you shop around, and aren’t afraid to haggle for a discount. You notice I said if you are able to afford it, because no matter how good a deal looks, you might end up with huge car payments that will break your budget. If this is the case then it is wise to either keep the vehicle you have now or find a good used one that you can pay for and not worry about back-breaking car payments.
Be realistic. It is a major purchase and needs careful consideration. There are benefits besides the prestige of owning one. Most new vehicles have a great car warranty that will cover almost any mechanical problem. They are designed with more improved safety features including airbags. They are built to be more fuel-efficient and eco-friendly.
Also, you know that your car has not been driven poorly or abused by someone else. Everyone drives differently and some people are naturally hard on cars. When buying used you generally don’t know how the car was driven or if it was properly maintained – full service history notwithstanding. When you buy new you get to imprint your own driving habits on the vehicle.
When it comes right down to it; there is no right answer to which is better – buying a new car or used car. It is a personal choice and both are good choices depending on your mindset, and your pocket. If you are interested in buying a different vehicle just make sure you look at all the options before deciding what is best for you and your lifestyle.
Related Reading: UK Warranty For Cars
What are your options for extended UK car warranty cover?
We don’t want to complicate this, so we’ve kept it nice and simple. Here’s three great options for mechanical breakdown or electrical failure car warranty cover, that’ll give you all you need, including cover for wear & tear.
Select this option if you want affordable cover for a long list of covered components. Gives you up to £7,000 claim limit towards the cost of parts, labour and VAT for the mechanical breakdown or electrical failure of covered parts.
Select this option to cover a wide range of components on your vehicle, and get up to £7,000 claim limit towards the cost of parts, labour and VAT in the event of mechanical breakdown or electrical failure, or imminent failure identified during an MOT or service.
Looking for comprehensive warranty protection? Our 5-Star warranty covers an extensive range of parts and offers up to £7,000 claim limit towards the cost of parts, labour and VAT for the mechanical breakdown or electrical failure of covered parts on your vehicle.
If you are looking for other guides and insights into buying or selling a car. Check out these posts to help you make a fully informed decision: