Table of Contents
- 1. You Get the Latest Technology
- 2. New Models Are More Fuel Efficient
- 3. The Car Comes with a Full Manufacturer Warranty
- 4. You’re in Control of the Maintenance
- 5. They’re More Reliable
- 6. A New Car Has a Higher Resale Value
- 7. They’re Often Easier to Finance
- 8. Better Safety Features
- 9. More Selection at the Dealership
- 10. It’s Convenient
- Final Thoughts
In 2016 alone, more than 17.6 million cars, trucks, and SUVs found new owners. Many of those vehicles were brand new models and for good reason: there’s nothing quite like owning a brand new car.
But with new cars costing well over $30,000 on average, paying for that brand new set of wheels can seem like a strange choice. After all, isn’t it better to save money by buying a gently used car?
The truth may surprise you.
There are a number of advantages new model vehicles have over pre-owned models. Here are some of the most important benefits you can expect when you buy a new ride.
1. You Get the Latest Technology
Technology changes fast. And it wasn’t all that long ago that we thought cars with CD players were the height of technological advancement.
When you buy a new model vehicle, you’re getting the latest technology. This can mean some pretty hefty upgrades from your old ride even if you’re just looking at the base model.
2. New Models Are More Fuel Efficient
Every year, car manufacturers work to make their new models more fuel efficient. And the more fuel efficient the cars are, the less money you’ll spend over the years.
Even if a new car costs more upfront than a used model, you may just end up saving money on fuel in the long-run.
And with better fuel efficiency comes lower emissions. If you live in an area where the state or county monitors cars’ emissions and requires them to pass inspections or face costly repairs, this is incredibly important. The lower your emissions are, the longer your car will meet the requirements of your state or county.
3. The Car Comes with a Full Manufacturer Warranty
Almost every car includes a manufacturer’s warranty for a set period of time after the initial purchase. When you buy a used car, that warranty may have expired. Even if it’s not, it might not be transferrable to you as the new owner.
Buying a new car means you get the full benefit of that warranty. If there are any issues with the car that are the result of a manufacturing error, the warranty covers the full cost of the repairs.
4. You’re in Control of the Maintenance
Regular maintenance is key to keeping cars on the road for years to come. And unless you’re buying a car from a friend who kept incredibly detailed maintenance records, you won’t know how well-cared-for a used car is.
Neglected cars have much shorter lifespans than their well-maintained counterparts. When you buy a new car, you’re in control of the maintenance schedule.
You’ll know exactly what’s gotten done to the car. And you won’t have to worry nearly as much about components breaking due to lack of maintenance.
5. They’re More Reliable
New vehicles have less wear and tear on the components than older cars. This is because they’ve gotten driven less. And that means they’re more reliable on the road.
Lots of wear and tear means more frequent maintenance appointments at best and unexpected breakdowns at worst. When you buy a new vehicle, you’ll decrease your risk of getting stuck on the side of the road or spending hours in the repairs shop diagnosing new issues.
6. A New Car Has a Higher Resale Value
Every car depreciates as soon as you drive it off the lot. This is just a fact of car ownership. But older used cars are always worth less than newer models.
If you’re planning on selling or trading in your car in a few years, it’s better to invest in a quality new car instead of a used one. Yes, you will pay more upfront, but you’ll get more for the car when you decide to trade it in or sell it to someone else.
Find out more about the difference in values between new and used cars here.
7. They’re Often Easier to Finance
Believe it or not, new makes and models are easier to finance than pre-owned cars. Why? Because the car is worth more.
Anytime a lender gives you a loan, they’re making an investment. If you pay off the loan, they get the principal amount plus the interest earned on the loan itself. If you default, they take possession of the car.
Cars that are worth more get them more money back if you don’t repay the loan. And many lenders reward your decision to buy a new car by offering a lower interest rate. Some may even have lower qualifications to get the loan in the first place.
8. Better Safety Features
Just as technology constantly improves, so do the safety features included on cars, trucks, and SUVs. When you buy a new model, you get the industry-leading safety features that keep you safer on the road.
Used cars have safety features that were the industry standard for their production year. There’s no easy way to upgrade those features to keep up with modern improvements.
9. More Selection at the Dealership
Dealerships may have a decent selection of used cars. But they’re limited to the vehicles people trade in or sell to them.
Their new model selection will always be much greater. Most dealerships now have a website like the one here, where you can start your search before you go to the lot and actually see and test drive the ones you think you may like. And if they don’t have the perfect color in stock, the dealership can order it for you.
And that bigger selection means you’re more likely to find the car of your dreams without having to drive to multiple dealerships.
10. It’s Convenient
Buying a car can feel like a hassle. And when you’re buying a used car, you’re going to want to wait until a trusted mechanic can inspect the engine for damage. At best, this can take a few days.
When you buy a new vehicle, you know exactly what you’re getting—a blank slate for you to drive and enjoy for years to come. Once you’re approved for financing or pay the amount in full to the dealership, you’re ready to hit the road.
Instead of several days, the process typically takes just a few hours.
Buying a new car is a great way to make sure you get exactly what you want. And once you do, you’re able to take care of it in the way that makes sense to you.
But there are a few things you can do to keep your new car looking like-new as long as possible. Check out our recent posts for helpful tips and advice on all things automotive.