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New or Used?
 
While the price mostly influences the decision to purchase a new or used vehicle, there are other considerations:
Reasons for buying a New Car...   Reasons for buying a Used Car...
Better finance rates - financial institutions generally charge a higher rate of interest on loans for used cars   Insurance rates are likely to be lower on your used car.
I don’t want to bear the high maintenance costs, unreliability and expensive, aggravating repair of owning a used car.   I don’t have to worry about depreciation as new vehicles loose thousands in resale value the minute they leave the dealer’s lot.
I’m able to choose my desired vehicle class, price range, color and even customize with new features.   I don’t mind compromising on the vehicle, color, body style and features.
Get the latest technological features such as important safety breakthroughs.   I don't require the latest fashion or newest features.
With factory warranty I can avoid potential service hassles.   Investigating vehicle history can improve my chances of buying a reliable car.
   

 

 
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