People who buy Utah cars often feel unsure as to whether to buy new or used. Not everyone has this problem, of course-those who can't afford to buy new, or those who don't have high-enough credit ratings to get larger, new-car loans don't have such difficulties. If you suffer from this new-versus-used dilemma, and you have the ability to buy new if you want to, perhaps you should ask the following car-buying questions of yourself. The answers you generate might help you decide.
The primary question to ask yourself is how seriously you perceive buying a car as making an investment. If your answer is, "None at all," you could very well be a used-car sort of person. On the other hand, if you think the other way around-that buying a car is mostly about making an investment-you should probably buy new from Utah car dealers.
If you fit neither of these opposites, but you're somewhere in the middle, you should then consider asking other questions. Ask yourself how much it would bother you to lose value to depreciation the first and second year of ownership; do you truly want the higher monthly payments of a new vehicle; how important is driving a new car to you; how patient and experienced are you with vehicle repairs; how important is having your choice of options on a car, including color; how important are the most up-to-date safety and other features to you; how important is a mechanical warrantee; how many miles do you typically drive in a year; and how long do you want to keep this same car? As you answer these questions, notice which way each one makes you lean (new or used), and how much. When you assess all the leanings together, you hopefully can see which direction they point you towards.
If financial considerations are of concern to you, but you aren't clear about how they all would affect you, one way or the other, there are real-live bankers and online resources, to say nothing of Utah car dealership financial managers to help you sort through it all. Let me give you a few more points: interest rates for new-car loans are typically one to three percent less than for used-car loans; short loans usually have lower interest rates than do longer loans; and people with excellent credit ratings can sometimes get zero-percent loans from Utah car dealers.
Also, consider these points: lower-priced, Utah used cars have lower insurance costs than do higher-priced, new cars; the more aged the car, the bigger chance of having a very big, possibly unaffordable repair cost; many reasonably new Utah used cars are covered by comprehensive warrantee programs, and somewhat older ones often qualify for extended-warrantee purchase; and buying a one-year-old vehicle could get you a better-quality one for the same amount as a brand-new vehicle.
If you're still undecided after this, you can get all the help you need from Utah car dealerships in choosing between Utah used cars or Utah new cars.
The primary question to ask yourself is how seriously you perceive buying a car as making an investment. If your answer is, "None at all," you could very well be a used-car sort of person. On the other hand, if you think the other way around-that buying a car is mostly about making an investment-you should probably buy new from Utah car dealers.
If you fit neither of these opposites, but you're somewhere in the middle, you should then consider asking other questions. Ask yourself how much it would bother you to lose value to depreciation the first and second year of ownership; do you truly want the higher monthly payments of a new vehicle; how important is driving a new car to you; how patient and experienced are you with vehicle repairs; how important is having your choice of options on a car, including color; how important are the most up-to-date safety and other features to you; how important is a mechanical warrantee; how many miles do you typically drive in a year; and how long do you want to keep this same car? As you answer these questions, notice which way each one makes you lean (new or used), and how much. When you assess all the leanings together, you hopefully can see which direction they point you towards.
If financial considerations are of concern to you, but you aren't clear about how they all would affect you, one way or the other, there are real-live bankers and online resources, to say nothing of Utah car dealership financial managers to help you sort through it all. Let me give you a few more points: interest rates for new-car loans are typically one to three percent less than for used-car loans; short loans usually have lower interest rates than do longer loans; and people with excellent credit ratings can sometimes get zero-percent loans from Utah car dealers.
Also, consider these points: lower-priced, Utah used cars have lower insurance costs than do higher-priced, new cars; the more aged the car, the bigger chance of having a very big, possibly unaffordable repair cost; many reasonably new Utah used cars are covered by comprehensive warrantee programs, and somewhat older ones often qualify for extended-warrantee purchase; and buying a one-year-old vehicle could get you a better-quality one for the same amount as a brand-new vehicle.
If you're still undecided after this, you can get all the help you need from Utah car dealerships in choosing between Utah used cars or Utah new cars.
About the Author:
Visit Brent Brown Auto's site to learn how to choose the best utah car for your needs.
