- December 21, 2021
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Category:
Second Hand Cars
Which Should You Buy - A Brand New Car or Second Hand Car?
That's it, you've picked your perfect car model and type, and you're ready to buy - but how do you choose between a new car and a used car?
There are pros and cons to both; it just depends on which benefits you find most valuable. Let's have a look at the pros and cons.
Benefits of buying used versus new cars
Price
- used cars are often much cheaper than new ones, meaning can get a better make and model for the price.
Bargaining ability
- used car dealerships are typically more open to negotiation on price.
Slower depreciation
- new cars lose around 40% of value in 3 years, whereas used cars hold their value
Reliability
- if the secondhand car you've chosen is well maintained and serviced, it will likely be as reliable as a new car.
Demonstrator models
- these often have low mileage yet are practically new, at a much more attractive price point.
Can attract lower insurance
- used cars can attract lower insurance but check this with your provider.
Here at Tony Lahood Motors, we are reputable dealers of used Honda, Suzuki, VW cars, and many other brands, with plenty of options for those with budgets under $5,000 and $10,000. Talk to one of our Parramatta Road car sales team members today about suitable options for you.
Benefits of buying new rather than used cars
Warranty
- most manufacturer warranties last 3 - 5 years and offer extensions up to 7 years, or 60,000 to 100,000 km.
Reliable
- overall, new cars are less likely to break down.
Lower ongoing costs
- as everything is new, parts won't need replacing.
Safety
- new cars offer the latest safety technology, driver aids, and infotainment features, keeping passengers entertained during long trips.
Fuel efficient
- most new cars are developed with sustainability and environmental footprints in mind, meaning they are more fuel-efficient or are available in hybrid or electric models.
Customisable
- with a new car, you can specify colour, upholstery options, and transmission.
What to choose?
Ultimately, whether you buy used or new, you want a deal you are happy with and a car you love. We recommend you start by searching "car yards near me," then look at each dealership's reviews to get an idea of how good they are. We pride ourselves on honest, transparent service, so pop into one of our car yards in Croydon or Lidcombe or browse our website for used cars in Sydney.
Contact Tony Lahood Motors Today
Whether you need a second-hand car right now or you're thinking of buying one in the future, Tony Lahood Motors has you covered. As experienced Honda dealers in Sydney, we also sell used VW, Suzuki cars, and many other brands, all with great finance options.
