When shopping for your next vehicle at John Thornton Buick GMC, one of the biggest decisions is whether to buy new or used. Here, we'll break down the key considerations to help you make an informed decision.
Benefits of Buying New
- Latest features, technology, and safety equipment
- Customizable options and color choices
- New vehicle warranty for peace of mind
- No previous owners or unknown history
- Often lower financing rates available
Drawbacks of Buying New
- Fastest rate of depreciation
- Higher insurance and registration fees
- Limited inventory and options to choose from
Benefits of Buying Used
- Lower upfront cost
- Slower depreciation rate
- Lower insurance premiums and fees
- More vehicle choices across different model years
Drawbacks of Buying Used
- Higher mileage and wear and tear
- May lack the latest features and technology
- Shorter remaining warranty coverage
- Unknown maintenance history and past owners
Choosing between a new or used vehicle is deeply personal and depends on your priorities, budget, and preferences. Consider your must-have features, ownership costs, and how important having the latest tech is to help guide your decision.