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All You Wanted To Know About Buying Your First Car |
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| Date Added: January 01, 2010 05:57:07 PM | |
| Author: | |
| Category: Shopping: Tools | |
Getting your first motor vehicle is one of the most significant and memorable acquisitions in the life of any person. In order to make the right choice among the diversity of makes and models on the market is not easy. The impressions of your first automobile substantially influence your attitude to a certain make of the automobile and define your priorities while doing the next purchase. Important factors while selecting the first car are the price of the automobile and its operational and technical features. But to begin with, you have to decide whether to get a new motor vehicle or a used one. Both options have their advantages and disadvantages. Let us a closer look at them. Pluses and minuses of buying a new automobile: 1) If a car is brand new it signifies that you will feel it in each cell of your body - an ideal condition of the car will appeal to your eyes. 2) The latest style and technology is incarnated in a new car. 3) Better and better safety equipment is being created daily, that's why buying a brand new car implies getting the highest level of safety possible at the present time. 4) You can be sure that every detail of your automobile is new and appropriate. You have a full producer's warranty. 5) In case you qualify you get the lowest loan interest rates. 6) You have got the option to lease. The list of advantages is quite persuasive, but nevertheless there are a number of disadvantages. Let's name them: 1) The price of a brand new automobile is high, but its value depreciates rapidly. Even in case you drive the car for one day only, it still will be regarded as a used one, and its value will be much lower than you paid. 2) Insurance rates for a brand new car are much higher that for a used one. 3) Taxes are higher as well. Now we will proceed to naming advantages and disadvantages of purchasing a used car: 1) The significant first-year value depreciation will not touch you. 2) In case of purchasing an almost-new motor vehicle, you get almost the same styling and safety level as if you purchase a new one, but at a lower price. 3) Used motor vehicles of the same make are very different in years of production, number of kilometers and state, so are their prices. So you have an opportunity to find the best price-quality correlation. 4) You still have a possibility to purchase a motor vehicle with a warranty, but at higher cost than without it. 5) Insurance rates and taxes are lower than for the same model of a new car. So what are the minuses of getting a used car? 1) You get the motor vehicle in the condition it is at the moment of buying, and you have to bear with all the defects it has. Note that car sellers get their cars prepared for sale and do everything possible to conceal imperfections. It's a wonderful idea to have the automobile inspected prior to buying it. 2) You run risks of purchasing a wrecked car. 3) A lease option is not available in case you buy a used car. 4) In case of loan you have to pay higher interest rates. In closing we have to say, that getting a used automobile will save you a significant sum of money, but still be prepared to bear higher risks. In any case, it is up to you to take a decision. Have a good luck! |
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