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NEW Vs. Used Car Calculator

The average used car costs less than the average brand new car by two-thirds. However, price isn’t all that important — you must consider aspects such as the amount of miles you drive and the length of time you own it and your personal preferences. To determine if this is the best choice for you take the time to answer these questions to get personalized guidance.

Should you get a new or used car? At the simplest level, the latter will cost less. But buying used may also result in a loss of the most recent features available. It is a good choice if you prefer spending more and would like top-of-the-line features and lower initial maintenance costs. When buying vehicles include greater reliability, higher interest rates and the option to tailor your purchase according to your preferences. However, it comes with an increased cost of purchase, more expensive and more rapidly depreciating vehicles. When looking for a new vehicle, ensure you’re prior to the time and try out different models of the model you are looking at. Things to consider when purchasing used carries an unknown driving history and may have expensive maintenance costs. But it will be cheaper, will have lower insurance costs and appreciate at a lower rate. If you’re looking to buy a used car, look into a different alternative. This car will have the benefit of a cheap cost while still retaining the security of a car that is well-maintained.

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