Buying a car or truck requires you to make many decisions. What style do you like? What brand? What kind of accessories, and what color? One of the biggest decisions you need to make is whether to buy a new vehicle or a used one? Well, here are ten good arguments for purchasing new.
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It’s Brand New!
One of the best arguments for buying new is that a new vehicle isn’t a used vehicle! A new car will be in tip top shape from the first moment that you get in. It won’t have been in any accidents, it won’t have a spotty maintenance record, the paint will be perfect, and it’s only been driven a few miles from the factory to the delivery truck, onto the dealer’s lot, and then on a test drive with you.
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New Car Warranty
A new car comes with a bumper to bumper warranty, so that anything that goes wrong within the warranty period will be tended to by factory trained mechanics at the dealership. While some used cars will also have a warranty, it’s usually very limited.
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Technology
New vehicles come with an awesome array of technological gadgets and gizmos. Multimedia and navigation interfaces are constantly evolving and improving, and a new car gives you the latest available tech features.
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Safety
Speaking of technology, new cars come with safety features like adaptive cruise control, lane keeping assistance, blind spot warnings, backup cameras, automatic braking, and collision avoidance, just to name a few.
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Higher Fuel Efficiency and Lower Emissions
Ever since the 1960s, automotive engineers have been working to improve fuel efficiency. Engines are becoming more and more fuel efficient even while becoming more powerful simultaneously. Diesel engines are cleaner than ever before, and choices in the hybrid and EV segment are growing.
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Selection
If you are shopping for a new vehicle, you’ll be able to select the make, model, color, trim levels, and accessories. If the local dealer doesn’t have exactly the car you want, they can either order it for you from the factory or locate it at another dealership.
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Invoice Pricing
A huge advantage in purchasing a new car is invoice pricing. It’s relatively easy to find out exactly how much the dealer paid to put a new vehicle on the lot. There are some dealers that will even show you, their invoice. That information gives buyers a powerful negotiating tool.
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Reviews
Before you go shopping at your local dealership, you can do some research to find the best vehicle for your particular situation. There are numerous publications that test and review new vehicles to help consumers make sound purchasing decisions. These reviews include information about the specifications, features, accessory packages, pricing advice, and more.
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Incentives
In January 1975, the Chrysler Corporation launched a campaign to move their slower selling cars by offering cash rebates of up to $500 per car ($500 in 1975 is roughly equivalent to $2500 in today’s dollars). Ever since, car manufacturers have offered rebates or other incentives to improve sales of new cars. If you’re trading your current car for a new one of the same brand, you may qualify for additional “customer loyalty” incentives. Besides incentives from the auto companies, a new electric or hybrid vehicle may make you eligible for tax incentives.
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Financing
In addition to incentives, purchasing a new car may qualify you for a lower interest rate on your auto loan. The reason for this is that the new car is worth more and hasn’t begun to depreciate, so the lender is more secure in making the loan. But before you go shopping, ask your bank or credit union to pre-approve you for a loan. This step will allow you to know how much you can afford and what the terms of the loan would be. When you get to the dealership, you can compare loan terms with what the dealer offers so that you’ll get the best deal.
Bottom Line
New car shopping can be exciting and intimidating at the same time. If you do some research and take your time, you’ll be sure to make the best choice for you and your family.
Yankee Ford is the premier Ford dealership in South Portland, Maine, offering a diverse inventory of both new and used vehicles to choose from. Our highly trained sales team is ready to help you select your next vehicle, and our certified factory trained service technicians are equipped to handle all your service needs. If you have any automotive needs in the Portland area, we hope you will stop by and let us serve you. For more information, visit our website or contact us. We hope to see you soon!
Receive Free Oil Changes and State Inspections at Yankee Ford when you purchase your new Ford.