Buying New vs Buying Used | Gerry Lane Buick GMC
At Gerry Lane Buick GMC, you'll find a robust selection of the latest models of Buick and GMC vehicles to choose from. They also have attractive options for used vehicles that are available in a variety of makes and models. How, then, do you decide if a new or used vehicle is the right choice for you?
Buying New vs Buying Used
The first consideration that almost everyone thinks about is cost. While it might seem like a used car would cost less than a new one, taking a look at the big picture changes things a little.
A new car's sticker price is nearly always higher than a used vehicle. A new vehicle offers value that extends beyond the monetary though. Some of them to consider when making your decision include:
A new car's sticker price is nearly always higher than a used vehicle. A new vehicle offers value that extends beyond the monetary though. Some of them to consider when making your decision include:
Reliability
Even though today's vehicles are built better than ever before, a new car, truck, SUV, or crossover is generally going to be more reliable than one that is used. You won't need to worry about any repair issues when buying new plus you know the history of a new car.
Only in rare circumstances do you know the full history of a used vehicle. However, purchasing a certified pre-owned vehicle provides you with the assurance that it has undergone a thorough check with any issues addressed. This must occur prior in order for the vehicle to earn this designation.
Only in rare circumstances do you know the full history of a used vehicle. However, purchasing a certified pre-owned vehicle provides you with the assurance that it has undergone a thorough check with any issues addressed. This must occur prior in order for the vehicle to earn this designation.
Resale Value
In general, a newer vehicle is going to have a higher resale value than one that is older. Of course, there are exceptions to this such as those models that are especially in demand according to consumer interest or other factors.
If you are the type of driver who likes to drive a vehicle that is just a few years old and leasing doesn't appeal to you, then choosing a new vehicle with a higher resale offers you better value.
If you are the type of driver who likes to drive a vehicle that is just a few years old and leasing doesn't appeal to you, then choosing a new vehicle with a higher resale offers you better value.
More Options for Financing
Financial institutions are more willing to finance new vehicles than they are used ones. In most cases, financing is only offered for those used vehicles that are only a few years old.
In addition, there are often incentives offered by dealerships that can make the price you pay for a new car lower than the displayed sticker price. Another consideration is that interest rates can be lower than those offered for used vehicles.
While not the same as purchasing a vehicle, leasing is often offered as an option for a new car. Used cars aren't typically provided as lease options. In addition, you'll likely have the chance to purchase the vehicle at its current market value at the end of the lease period.
In addition, there are often incentives offered by dealerships that can make the price you pay for a new car lower than the displayed sticker price. Another consideration is that interest rates can be lower than those offered for used vehicles.
While not the same as purchasing a vehicle, leasing is often offered as an option for a new car. Used cars aren't typically provided as lease options. In addition, you'll likely have the chance to purchase the vehicle at its current market value at the end of the lease period.
Easier Shopping Experience
When you purchase a new car, you can assume that it is in perfect condition. This doesn't mean that taking it for a test drive isn't necessary. After all, taking a vehicle for a test drive is crucial so you can determine if it meets the expectations you have for it.
It simply means that you don't need to evaluate the vehicle's condition. A new car doesn't have road miles on it and you won't need to research it to determine if it has been maintained correctly.
It simply means that you don't need to evaluate the vehicle's condition. A new car doesn't have road miles on it and you won't need to research it to determine if it has been maintained correctly.
Better Technology
A new vehicle is likely to have been technology when compared to a similar vehicle that is used. This means that you might get better gas mileage and lower emissions compared to a comparable vehicle that is just a few years old.
Nearly every new car comes standard with a touchscreen infotainment system that is compatible with today's smartphones. This allows you to connect your device to your vehicle so you can access your playlists, contacts, and more. By doing so, you can use your device in a safe and hands-free manner while you're on the road.
Nearly every new car comes standard with a touchscreen infotainment system that is compatible with today's smartphones. This allows you to connect your device to your vehicle so you can access your playlists, contacts, and more. By doing so, you can use your device in a safe and hands-free manner while you're on the road.
Whether you think you want a new or used vehicle, Gerry Lane Buick GMC offers a great selection of both options. Head to the dealership and browse through their selection of the latest Buick and GMC vehicles. You can also check out their selection of gently used and certified pre-owned vehicles if purchasing a used vehicle is a better option for your circumstances. Their helpful, friendly, and professional staff is there to assist you.