Author Archive: Luke S

Author Archives for Luke S

new vs used car

Car buyers often walk into a car lot with their sights set on the shiny new car they’ve been dreaming of. But what if a brand-new car isn’t necessarily the right choice for you? There are plenty of advantages to owning a new vehicle, but it’s not your only option (and it might not be the best one right now, either). There are a lot of factors to consider before jumping into this investment, so it’s crucial to know how used and new cars compare to one another.

Monthly Payments

The first – and most important – question to ask yourself is, “What can I afford?” You don’t want to end up having years of payments with a monthly amount that’s out of your budget. New cars sometimes come with fantastic manufacturer rebates and incentives that can keep your monthly payment down, but they’re still usually higher than their used versions. Insurance companies also charge [...]

The thought of purchasing a used car can be worrisome, especially if that car has high mileage. What many people don’t know, though, is that buying a high mileage used vehicle can have some perks over purchasing a brand-new vehicle.

The Benefits of Buying High Mileage

High mileage used cars often have several benefits for prospective car owners, including:

High Mileage is Usually Proof That a Car’s Had a Healthy Workout

As long as its owners took good care of a vehicle before offering it for sale, then a high odometer reading shouldn’t scare you away. Manufacturers design cars to handle a lot of driving.

In fact, cars need you to drive them to stay healthy, similar to how the human body needs routine exercise to stay in its best shape and healthy form. With routine maintenance, tending to necessary repairs, and regular driving, a high mileage 5-year-old car can be in better shape than [...]

Since any car, even a used one, is a reasonably sized investment, you need to make sure that you are certain about your purchase before buying the car. If you find yourself considering purchasing a used car, then ask yourself the following questions. You will notice that most questions tend to lead to numerous related questions. You want the answers to everything listed below, as this information will help you make an informed decision.

Do I Want a Used or a New Car?

Start by asking yourself if you really want a used car instead of a new one. New cars will have a full warranty, be in great shape, and have no mileage on them so far, but cost more. Used cars offer significant savings, let you avoid investment losses from depreciation, and let you get more features for your money. Used cars tend to be a better choice for those on a budget [...]

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