Is it cheaper to buy a used car or a new car?

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Are you unsure whether to buy a used or new car? Trust and peace of mind are sometimes regarded as more valuable than money. If you want peace of mind and trust, buy a new car, but the second question is: Is it cheaper to buy a new or used vehicle? Without a doubt, the used vehicle, also known as a pre-owned vehicle, wins the race.

Source- Cars24.com

New car vs used car Pros and Cons

  1. Lower price: Used cars are generally less expensive than new cars, which can be a big advantage for people on a tight budget.
  2. Depreciation: New cars depreciate in value quickly, meaning that they can lose a significant portion of their value just a few years after being purchased. Used cars have already gone through this initial period of rapid depreciation, so their value tends to hold up better over time.
  3. Warranty: Many used cars still have some of their original manufacturer’s warranty remaining, which can give you peace of mind and protect you from unexpected repair costs.

Is there Any Good Reason to buy a New Car?

  1. Latest features: New cars often come with the latest and most advanced features, such as advanced safety systems and in-car technology.
  2. Reliability: New cars are generally more reliable than used cars, as they have not been subjected to the same wear and tear.
  3. Customization: When you buy a new car, you often have the option to customize it with different trim levels and options packages, allowing you to choose exactly the features you want.

Ultimately, the decision to buy a used or new car will depend on your personal preferences, budget, and needs. It’s important to consider all of the factors and do your research before making a decision.

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Which second hand car is best to buy?

When buying a second hand car one should always focus on trusted brands, As they have a proven record, large customer base, a good network of service centers and easily available spare parts.

Trusted Brands in used cars

Maruti & Tata are the most trusted brands as their network of the service center, Spare part availability, and the cost is amazing. The Second preference should be given to Honda, Volkswagen, and Toyota they are also the most trusted brands, with good availability of Service centers and they are better in durability as compared to Maruti & Tata, but their spare parts will be a little heavy on pockets.

How can I buy a used car without getting scammed?

You should always prefer the renowned used car dealers in city to buy used cars and if you are looking for online option then below websites are best and give you a total piece of mind.

https://www.cars24.com/buy-used-cars/

https://www.cardekho.com/usedCars

Frequently Asked Questions

Q1 – Which website is best for used cars?

Answer- Best online platforms are Cars24, Cardekho.com, Spinny, are the top 3 options to buy used without any problem and dealing with these will give you peace of mind in comparison to buy it from local dealers.

Q2- Which car is best to buy second hand?

Answer- Maruti, Hyundai and Tata are the most trusted brands in India and you should always go for these as they have very low maintenance cost as compared to other brands. The best models are Swift, Wagan R, Alto, I20, I10, Tiago, Zest.

Q3- What are 3 disadvantages of buying a used car?

Answer- Low cost, No / Low EMI burden and peace of mind if you got a good deal and top model.

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