| Both the new and used cars have their | | | | licensing fees and the purchaser need |
| own advantages and disadvantages. It is | | | | not worry about the sales tax too. |
| the mind set of the people who are | | | | A used car is considered to be less |
| purchasing the car. Some like to buy | | | | reliable, as the exact condition of the |
| cars only for the sake of showing their | | | | car is not known. Also when a used car |
| buying capacity and their status symbol | | | | is bought in auctions, the purchaser is |
| while some others would be obsessed with | | | | not even given a chance to look or |
| buying fancy new model cars as soon as | | | | test-drives the car, which makes the |
| they are launched in the car market. | | | | purchase altogether very risky. There |
| New cars are meant for people who have | | | | is no idea if the previous owner |
| the buying capacity, who think of only | | | | performed maintenance and repairs of the |
| quality of a product and not the | | | | car regularly. Such cars even though |
| quantity, who would like to enjoy sole | | | | bought at a very low price will end up |
| ownership of the car and who do not want | | | | costing more on repairs and maintenance |
| to get compromised with their comfort. | | | | after purchase. |
| Whereas used cars are bought by people | | | | When buying used cars detailed |
| who would like to enjoy the benefits of | | | | inspection of the interiors has to be |
| owning a car but cannot afford to buy a | | | | made, as it will avoid any chances of |
| brand new car. Such people are very | | | | replacement of any item as it costs |
| practical as they think that, when a | | | | more. The exterior of the used car also |
| used car is purchased in a good | | | | needs careful examination to find out if |
| condition it will serve the purpose of | | | | the car was involved in any accident or |
| the new car and also comes with a very | | | | damaged in any natural calamities etc. |
| less price tag. Used cars are purchased | | | | The engine and the oil should be checked |
| by people who know the value of money | | | | to avoid heavy expenses in replacing the |
| and save money by all means and methods. | | | | car engine. Car should be test driven |
| Buying a new car is really exciting, but | | | | to see the performance of the car, |
| then buying a used car makes sense as | | | | suspension and to check the brake |
| lot of money is saved. A new car after | | | | controls. |
| purchase is no longer a new car and has | | | | There are certain kinds of used cars |
| to under go depreciation value. As the | | | | which are maintained very well, handled |
| value of the new car decreases up to 40 | | | | and driven by a single owner and which |
| percent within three years, a car is not | | | | even comes with a lifetime warranty. |
| considered as an investment. Whereas | | | | Such cars are off-leased and sold. The |
| when a used car is purchased it benefits | | | | purchaser will be very lucky enough to |
| the purchaser with a lower value. Money | | | | buy such kind of well maintained, hassle |
| is saved on insurance premium cost, | | | | free used cars. |
| registration cost, financing cost and | | | | |