New Vs. Used Vehicle: Which One Is Right For You?

October 26th, 2020 by

Purchasing a vehicle is a very exciting time. However, due to the number of vehicles available, the process can feel overwhelming. One challenge buyers face is deciding whether or not they should purchase a new or used vehicle. Lonestar Mercedes-Benz is here to help you decide whether a new or used vehicle is right for you!

What Are Your Needs For This Vehicle?

In order to make a wise investment, you need to consider your needs. For example, if you need something reliable that will be used to travel great distances, a new vehicle may be the right choice. With a new vehicle, you know that there is no wear and tear and that it comes installed with the latest technology and safety features.

If you just need a vehicle that will get you to and from work, and you don’t care too much about having the most updated features, a used vehicle may be the better choice for you.

The Pros and Cons of a New vs Used vehicle

NEW VEHICLE

  • Better warranty, lower finance rates, cash rebates and other incentives

  • Latest in safety features and technology

  • Will usually have better performance and fuel efficiency

  • A new car loses much of its value in the first years of being sold X

  • New cars are usually more expensive than used cars X

  • New cars will usually cost more to insure X

USED VEHICLE

    • Used cars are usually more affordable

    • Insurance will generally be less for a used car

    • Will have more value since they have already gone through depreciation

  • Usually doesn’t have a warranty unless you purchase a Certified pre-owned that has one X

  • Performance and fuel efficiency will typically be less than a new car X

Take Your Budget Into Consideration

When you’re deciding between a new and used vehicle, it’s important to take the budget into consideration. If you’re working with a flexible budget, a new vehicle will give you the satisfaction of owning a luxury vehicle. You will get in your brand new vehicle, and experience that intoxicating “new car smell” and feel like that car was made specifically for you.

If you’re working with a set budget, you can still find high-quality used vehicles that can service your needs at the price you desire. In fact, if you’re on a set budget, you may be able to find a used vehicle with features that would otherwise cost you extra when customizing a new vehicle.

Customization Options

With a new vehicle, you get a wide array of customization options that allow you to personalize your purchase. Our new Mercedes-Benz vehicles allow you to add-on a variety of premium features including back-up cameras, keyless entry, rain-sensing wipers, and more. These customization features can really make your new vehicle feel like it was made just for you!

Used vehicles are not as customizable. When you purchase a used vehicle, you are purchasing it with the features that are already installed. However, this does not mean you won’t get premium features! Oftentimes, you can find a used vehicle that already has premium features installed from when it was newly purchased. While they won’t be as up-to-date as features in new Mercedes-Benz vehicles, these safety and quality-of-life features will still make your used vehicle great to drive!

Ultimately, deciding between a new or used vehicle comes down to what you need from your vehicle. If you need the latest features, a wide range of customization options, and have a flexible budget, a new vehicle will check all of your boxes. If you have simpler needs, a set budget, and aren’t picky about customization, a used vehicle would be an attractive option. No matter which option you choose, when you choose a Mercedes-Benz vehicle, you’re choosing a premium driving experience. Take a look at our new and used vehicle inventory today.

Blog Post Written by: Felicia Labbe

Source: Lone Star Mercedes-Benz

Posted in Lifestyle