{"id":226300,"date":"2022-05-18T04:36:10","date_gmt":"2022-05-18T02:36:10","guid":{"rendered":"https:\/\/mypr.co.za\/?p=115970"},"modified":"2022-05-18T04:36:10","modified_gmt":"2022-05-18T02:36:10","slug":"new-vs-used-cars-everything-you-need-to-know","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/new-vs-used-cars-everything-you-need-to-know\/","title":{"rendered":"New vs. Used Cars: Everything You Need to Know"},"content":{"rendered":"<aside class=\"scaip scaip-1 \">\n<aside id=\"republication_tracker_tool-2\" class=\"republication_tracker_tool clearfix\">\n<h5 class=\"adtitle\">Republish for Free<\/h5>\n<div class=\"license\">\n<p><button name=\"Republish This Story\" id=\"cc-btn\" class=\"republication-tracker-tool-button\">Republish This Story<\/button><\/p>\n<p><a class=\"license\" rel=\"noreferrer license noopener\" target=\"_blank\" href=\"http:\/\/creativecommons.org\/licenses\/by-nd\/4.0\/\"><img decoding=\"async\" alt=\"Creative Commons License\" class=\"lazyload\" src=\"http:\/\/www.myza.co.za\/press\/wp-content\/uploads\/2022\/05\/new-vs-used-cars-everything-you-need-to-know.png\"><\/a><\/p>\n<p><img decoding=\"async\" alt=\"Creative Commons License\" src=\"http:\/\/www.myza.co.za\/press\/wp-content\/uploads\/2022\/05\/new-vs-used-cars-everything-you-need-to-know.png\"><\/div>\n<div class=\"message\">\n<p>Republish our articles for free, online or in print, under a Creative Commons license.<\/p>\n<\/div>\n<\/aside>\n<\/aside>\n<p class=\"q-text qu-display--block qu-wordBreak--break-word qu-textAlign--start\">The debate between buying a new car or going with a used model is as old as time itself. Both have their pros and cons, but the decision ultimately comes down to your needs and budget. Here\u2019s everything you need to know about new vs. used cars so you can make the best decision for your situation.<\/p>\n<p class=\"q-text qu-display--block qu-wordBreak--break-word qu-textAlign--start\"><strong>Pros of Buying a New Car<\/strong><\/p>\n<p class=\"q-text qu-display--block qu-wordBreak--break-word qu-textAlign--start\">You\u2019re the first owner, so you know exactly what you\u2019re getting:<\/p>\n<p class=\"q-text qu-display--block qu-wordBreak--break-word qu-textAlign--start\">When you buy a new car, you can be sure that no one has tampered with it or driven it hard. You also have a full warranty from the manufacturer in case anything goes wrong.<\/p>\n<p class=\"q-text qu-display--block qu-wordBreak--break-word qu-textAlign--start\"><strong>You can customise it:<\/strong><\/p>\n<p class=\"q-text qu-display--block qu-wordBreak--break-word qu-textAlign--start\">When you buy a new car, you have the opportunity to choose the exact model, colour and options that you want. This means you can get exactly the car that you\u2019ve always wanted, rather than settling for something used.<\/p>\n<p class=\"q-text qu-display--block qu-wordBreak--break-word qu-textAlign--start\"><strong>The latest features:<\/strong><\/p>\n<p class=\"q-text qu-display--block qu-wordBreak--break-word qu-textAlign--start\">Every year, automakers add new features and technology to their cars. If you buy new, you\u2019ll have the latest and greatest, from in-car entertainment systems to advanced safety features.<\/p>\n<p class=\"q-text qu-display--block qu-wordBreak--break-word qu-textAlign--start\"><strong>Better financing options:<\/strong><\/p>\n<p class=\"q-text qu-display--block qu-wordBreak--break-word qu-textAlign--start\">If you\u2019re looking to finance your purchase, you\u2019ll usually get a better interest rate on a new car than a used one. This is because lenders see new cars as less of a risk than used cars.<\/p>\n<p class=\"q-text qu-display--block qu-wordBreak--break-word qu-textAlign--start\"><strong>Cons of Buying a New Car<\/strong><\/p>\n<p class=\"q-text qu-display--block qu-wordBreak--break-word qu-textAlign--start\"><strong>Depreciation:<\/strong><\/p>\n<p class=\"q-text qu-display--block qu-wordBreak--break-word qu-textAlign--start\">As soon as you drive your new car off the lot, it begins to lose value. In the first year alone, a new car can lose up to 20% of its value. This means that if you decide to sell or trade in your car before it\u2019s paid off, you may end up owing more than the car is worth.<\/p>\n<p class=\"q-text qu-display--block qu-wordBreak--break-word qu-textAlign--start\"><strong>Higher costs:<\/strong><\/p>\n<p class=\"q-text qu-display--block qu-wordBreak--break-word qu-textAlign--start\">In general, new cars cost more than used cars. This is because there\u2019s a premium placed on being the first owner and having the latest features. If you\u2019re working with a tight budget, you may not be able to afford a new car.<\/p>\n<p class=\"q-text qu-display--block qu-wordBreak--break-word qu-textAlign--start\"><strong>Limited selection:<\/strong><\/p>\n<p class=\"q-text qu-display--block qu-wordBreak--break-word qu-textAlign--start\">When you\u2019re only looking at new cars, your choices are limited to whatever is currently being produced by automakers. If you have your heart set on a particular model that\u2019s no longer in production, you\u2019ll have to buy used.<\/p>\n<p class=\"q-text qu-display--block qu-wordBreak--break-word qu-textAlign--start\"><strong>Pros of Buying a Used Car<\/strong><\/p>\n<p class=\"q-text qu-display--block qu-wordBreak--break-word qu-textAlign--start\"><strong>More affordable:<\/strong><\/p>\n<p class=\"q-text qu-display--block qu-wordBreak--break-word qu-textAlign--start\">The biggest advantage of buying a used car is that it\u2019s more affordable than buying new. You can get a high-quality, reliable car for a fraction of the cost of a new model.<\/p>\n<p class=\"q-text qu-display--block qu-wordBreak--break-word qu-textAlign--start\"><strong>More selection:<\/strong><\/p>\n<p class=\"q-text qu-display--block qu-wordBreak--break-word qu-textAlign--start\">When you\u2019re looking at used cars, you have a much wider selection to choose from. This includes older models that are no longer being produced as well as a variety of makes and models from different years.<\/p>\n<p class=\"q-text qu-display--block qu-wordBreak--break-word qu-textAlign--start\"><strong>Less depreciation:<\/strong><\/p>\n<p class=\"q-text qu-display--block qu-wordBreak--break-word qu-textAlign--start\">Since used cars have already gone through the initial depreciation period, you won\u2019t have to worry about your car\u2019s value dropping as soon as you drive it off the lot. This means that you\u2019re more likely to get your money\u2019s worth if you decide to sell or trade in your car down the road.<\/p>\n<p class=\"q-text qu-display--block qu-wordBreak--break-word qu-textAlign--start\"><strong>Cons of Buying a Used Car<\/strong><\/p>\n<p class=\"q-text qu-display--block qu-wordBreak--break-word qu-textAlign--start\"><strong>No warranty:<\/strong><\/p>\n<p class=\"q-text qu-display--block qu-wordBreak--break-word qu-textAlign--start\">One of the biggest drawbacks of buying a used car is that you won\u2019t have a manufacturer\u2019s warranty to fall back on if something goes wrong. This means that you\u2019ll be responsible for all repairs and maintenance costs.<\/p>\n<p class=\"q-text qu-display--block qu-wordBreak--break-word qu-textAlign--start\"><strong>More difficult to finance:<\/strong><\/p>\n<p class=\"q-text qu-display--block qu-wordBreak--break-word qu-textAlign--start\">While it\u2019s possible to finance a used car, you may have a harder time finding lenders who are willing to work with you. This is because used cars are seen as more of a risk than new cars.<\/p>\n<p class=\"q-text qu-display--block qu-wordBreak--break-word qu-textAlign--start\"><strong>Unknown history:<\/strong><\/p>\n<p class=\"q-text qu-display--block qu-wordBreak--break-word qu-textAlign--start\">When you buy a used car, you don\u2019t know for sure what kind of condition it\u2019s in or how it\u2019s been treated by previous owners. There\u2019s always a risk that you could end up with a lemon.<\/p>\n<p class=\"q-text qu-display--block qu-wordBreak--break-word qu-textAlign--start\">Whether you\u2019re looking to buy a new or used car, it\u2019s important to weigh the pros and cons before deciding. Consider your budget, driving needs, and personal preferences to help you choose the right option for you.<\/p>\n<p class=\"q-text qu-display--block qu-wordBreak--break-word qu-textAlign--start\"><strong>New Car or Used? Buy Your Spares and Accessories from Start My Car<\/strong><\/p>\n<p class=\"q-text qu-display--block qu-wordBreak--break-word qu-textAlign--start\">If you\u2019re looking to buy a new or used car, it\u2019s important to weigh the pros and cons before making a decision. Consider your budget, driving needs, and personal preferences to help you choose the right option for you.<\/p>\n<p class=\"q-text qu-display--block qu-wordBreak--break-word qu-textAlign--start\"><span class=\"q-inline\"><a class=\"q-box qu-cursor--pointer qu-hover--textDecoration--underline Link___StyledBox-t2xg9c-0 KlcoI\" title=\"www.startmycar.co.za\" href=\"https:\/\/www.startmycar.co.za\/search?q=%20%20&amp;type=product\" target=\"_blank\" rel=\"noopener nofollow\">Start My Car&nbsp;<\/a><\/span>has everything you need to get your vehicle on the road, no matter which option you choose.<\/p>\n<p class=\"q-text qu-display--block qu-wordBreak--break-word qu-textAlign--start\">This original post was published at&nbsp;<span class=\"q-inline\"><a class=\"q-box qu-cursor--pointer qu-hover--textDecoration--underline Link___StyledBox-t2xg9c-0 KlcoI\" title=\"www.startmycar.co.za\" href=\"https:\/\/www.startmycar.co.za\/blogs\/topclick\/new-vs-used-cars-everything-you-need-to-know\" target=\"_blank\" rel=\"noopener nofollow\">https:\/\/www.startmycar.co.za\/blogs\/topclick\/new-vs-used-cars-everything-you-need-to-know<\/a><\/span><\/p>\n<p class=\"q-text qu-display--block qu-wordBreak--break-word qu-textAlign--start\">This article was first published at&nbsp;<span class=\"q-inline\"><a class=\"q-box qu-cursor--pointer qu-hover--textDecoration--underline Link___StyledBox-t2xg9c-0 KlcoI\" title=\"www.startmycar.co.za\" href=\"https:\/\/www.startmycar.co.za\/blogs\/topclick\/new-vs-used-cars-everything-you-need-to-know\" target=\"_blank\" rel=\"noopener nofollow\">https:\/\/www.startmycar.co.za\/blogs\/topclick\/new-vs-used-cars-everything-you-need-to-know<\/a><\/span><\/p>\n<p> <span class=\"post-views-icon dashicons dashicons-chart-bar\"><\/span> <span class=\"post-views-label\">Press Release Views:<\/span> <span class=\"post-views-count\">106<\/span> <\/p>\n<p> <a href=\"https:\/\/mypr.co.za\">Source: MyPR.co.za<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Republish for Free Republish This Story Republish our articles for free, online or in print, under a Creative Commons license. The debate between buying a new car or going with a used model is as old as time itself. Both have their pros and cons, but the decision ultimately comes down to your needs and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":226301,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[3331,18,3332,9021,1],"tags":[3257],"class_list":{"0":"post-226300","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-cape-town","8":"category-durban","9":"category-johannesburg-south-africa","10":"category-mypr","11":"category-south-africa","12":"tag-mypr","13":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/www.myza.co.za\/press\/wp-content\/uploads\/2022\/05\/new-vs-used-cars-everything-you-need-to-know.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/226300","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=226300"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/226300\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media\/226301"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=226300"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=226300"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=226300"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}