Used Cars

3 Reasons to Buy a New Car Instead of a Used One

3 Reasons to Buy a New Car Instead of a Used One

A lot of people have heard the old advice that it is best to buy a used car. However, new cars can have their benefits as well, so you shouldn’t just assume that buying new is a bad financial decision. These are a few reasons why you might want to consider buying a brand new car next time that you are in the market to purchase a vehicle.

 

1. Enjoy the Latest Bells and Whistles

 

One of the main things that a lot of people love about buying new cars is the fact that it can allow you to enjoy all of the newest and best bells and whistles. There is really nothing quite like owning a car that no one else has ever driven before, and a brand new car can be shiny and attractive, giving you something to be very proud of. Additionally, newer cars often have way better technology than older ones do. If you want a car that has a high-tech built-in navigation system, that has the best possible safety features or that has an improved stereo system, going new can be the best choice.

 

2. Get Easier Financing

 

You might assume that buying used is going to be the easiest way to get financed for a car, but this is not necessarily the case. Many dealerships offer incentives, rebates and other things that can make it easier for you to get a car financed. Some vehicle manufacturers also offer their own lending options. Since they directly benefit from you buying a car, they might be more willing to approve you than a bank would be. Plus, some dealerships have programs that help people with bad credit get into new cars. If you take your paperwork to a local new car dealership, you can find out more about this.

 

3. Enjoy a Reliable, Warrantied Vehicle

 

If you buy a used car, you never know what kind of problems it might have had in the past or what kind of problems you might have to deal with later. A new car can be a whole lot more reliable and should come with a warranty to help in the event that the vehicle does break down.

As you can see, even though you might think that buying a used Dodge Caravan or other vehicle is going to be your best choice, you may actually want to choose a brand new car, truck, van or SUV instead. If you are still unsure of whether or not this is the best choice, consider stopping by a local new car dealership so that you can see your options and talk to a sales professional to find out answers to your questions.

How a Car Dealership Can Help You Qualify for Financing

How a Car Dealership Can Help You Qualify for Financing

If you are thinking about buying a Lexus or another vehicle, you might have hesitated about going to the big car dealerships because you might be worried about financing. Whether you are short on cash for a down payment, have a low credit score or have other challenges like being self-employed, you might be worried that you will get turned down for a car loan. However, you should know that there are a few ways that dealerships can help you qualify for financing. These are a few reasons why.

 

Your Sales Professional Can Show You Cars in a Range of Prices

 

First of all, the good thing about working with a car dealership is the fact that you can be shown cars in a wide range of prices. Even though sales professionals can be known for being pushy, the truth is that they really do want to make a sale. This means that at the end of the day, they will want to show you something that you can actually afford and that you will actually qualify for. If you are honest with your sales professional about how much you are trying to spend on a car and how much you can afford for a monthly down payment, he or she can show you a range of new and used cars at various price points so that you can get an idea of what will work for you and your budget.

Car Dealerships Have Relationships with Multiple Lenders

 

Another thing that you should know is that your average car dealership has a relationship with a lot of different lenders, since sales professionals work to help people get approved for cars every day. This means that they will know which lenders might be willing to approve you and which ones are a little bit stricter, and they can try your application with multiple lenders until you do finally get approved.

Some Dealerships Offer Their Own Financing Options

 

Even if you do not qualify for a traditional car loan, a car dealership still might be able to help you get the car that you want. For example, some dealerships offer their own in-house financing. Even though the interest rates can be a little bit higher, this can be a good option for those who have bad credit or who otherwise might have a tough time qualifying for a more standard car loan.

As you can see, a good car dealership can help you with financing in a few ways. If you are afraid that you won’t be able to buy the car that you want because you won’t be able to get financed, you should still check out a local dealership. You might just be surprised by how well things can work out if you do.