Advantages of New Cars

Read this tip to make your life smarter, better, faster and wiser. LifeTips is the place to go when you need to know about New Auto Financing and other Auto Loans topics.

Why should I buy a new car?

Advantages of New Cars

There are more advantages to getting a new car than just the new car smell. New cars haven't been owned by anyone else, so you aren't inheriting someone else's mechanical problems. A new car should be in tip-top order because it's brand new. If something does go wrong with a new car, the warranty should be sufficient to fix any problems for the first few years. You will also have the advantage of getting a lower interest rate with a new car loan than you would if you obtained an auto loan for a used car.

The very lowest interest rates go to applicants with good credit who purchase new cars and keep the terms low; instead of amortizing the loan for seventy-two months, for example, the loan is amortized for thirty-six months. In addition to all the aforementioned reasons to purchase a new car instead of a used car is the fact that new cars are generally cleaner and dent-free as opposed to used cars. There is just something nice about owning a car which nobody else has driven for anything other than a test drive.



Nobody has commented on this tip yet. Be the first.


URL: (optional)


Not finding the advice and tips you need on this Auto Loans Tip Site? Request a Tip Now!

Guru Spotlight
Lynda Moultry