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