Buying a New Car vs Buying a Used Car
When it comes time to buy a car, there is a variety of cars for sale Port Elizabeth dealership have to offer. Not only do you need to pick the make and model of your car, but you also need to decide if you want to buy a new or used car . This is an important decision and it can make a big difference in your finances over the next several years. It is important to realize that buying a car is not an investment Your options may also be determined on whether or not you qualify for a loan or if you need to pay in cash. Advantages of a New Car The advantage of buying a new car is that you are buying a car that generally comes with a warranty. Most new cars will have very few repairs in the first few years, so you can focus only on the maintenance of the car. The dealer may also offer to finance at a lower interest rate, which can reduce the amount of interest you pay over the life of the loan. These are the most basic advantages. Another advantage is that the new cars will...