Buying New vs. Buying Used

November 12th, 2018 by

jaguar models driving

When you start shopping for your next Wheeling car, you’ll end up weighing the options between buying new vs. buying used. While each path provides its own benefits, the right choice for you is based on your personal wants and needs, as well as your financial situation. Before talking with our finance department about the various finance options for each, take some time to look over the pros and cons of both. Once you feel more confident about what you want, head over to Jaguar Charleston to start shopping for your next car!

Pros and Cons of Buying New Vehicles

  • Pros
    • Higher selection in terms of specs, features/options, and trim levels
    • You’ll always have the latest technology
    • No need to worry about prior owners
    • Straight forward pricing, usually paired with an array of dealer incentives
  • Cons
    • Higher initial cost
    • More sales tax
    • Must absorb the initial depreciation period
    • Less information on any potential issues

Pros and Cons of Buying Used Vehicles

  • Pros
    • Lower total cost, especially up front
    • No need to worry about the initial depreciation
    • Typically lower insurance, sales tax, and interest rates
    • Vast amount of information, making sure all potential problems are accounted for and corrected if necessary
  • Cons
    • Possibility for little or no warranty coverage
    • Can’t hand select features and specs
    • You get what you pay for
    • Value over time is different from vehicle to vehicle

Find Your Next New or Used Vehicle at Jaguar Charleston

Whether you opt for a new or used vehicle, from Jaguar or any other brands we offer, you’ll have plenty of used specials and new specials to take advantage of. To learn more about our vehicle offerings, and what the best path for you is, feel free to contact us today with any questions you may have! You can even check out our tips to improve your credit score so you can get the best interest rate possible.

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