| Buying your first car is one of the most significant and memorable gains in the life of any person. In order to take the right decision among the variety of makes and models on the marketplace is not easy. The impressions of your first automobile substantially form your attitude to a certain make of the automobile and determine your priorities while doing another purchase.Important factors when selecting the first automobile are the cost of the automobile and its technical and operational characteristics. But for a start, you have to decide whether to purchase a new motor vehicle or a used one. Both options have their pros and cons. Let us examine them in detail.Pluses and minuses of getting a new motor vehicle:1) If an automobile is new it signifies that you will feel it in every cell of your body - an ideal state of the motor vehicle will appeal to your eyes.2) The latest style and technological progress is incarnated in a brand new motor vehicle.3) Better safety equipment is being created every day, that's why buying a brand new motor vehicle implies getting the highest level of safety possible at present time.4) You can be certain that every detail of your car is new and appropriate. You have a full manufacturer's warranty.5) If you qualify you get the lowest loan interest rates.6) You have got the option to lease.The list of advantages is quite persuasive, but still there are a certain number of disadvantages. Let us name them:1) The price of a new car is high, but its value depreciates rapidly. Even in case you drive the car for a day only, it still will be regarded as a used one, and its cost will be much lower than you paid.2) Insurance rates for a new motor vehicle are noticeably higher that for a used one.3) Taxes are also higher.Right now we will proceed to naming pluses and minuses of buying a used car:1) The considerable first-year value depreciation won't touch you.2) In case of getting an almost-new automobile, you get almost the same safety level and styling as if you get a brand new one, but at a lower price.3) Used cars of the same make are quite different in years of production, mileage and condition, so are their prices. In this way, you have a possibility to find the best price-quality correlation.4) You still have a chance to purchase a car with a warranty, but at higher price than without it.5) Insurance rates and taxes are lower than for the same models of a brand new car.So what are the minuses of getting a used automobile?1) You get the motor vehicle in the condition it is at the moment of buying, and you have to bear with all the problems it has. Keep in mind that automobile sellers get their automobiles prepared for sale and do everything possible to conceal shortcomings. It's a good idea to have the car inspected before purchasing it.2) You take risks of purchasing a wrecked vehicle.3) A lease option isn't available if you buy a used automobile.4) In case of loan you have to pay higher interest rates.In summary we have to say, that purchasing a used automobile will save you a noticeable sum of money, but nevertheless be prepared to run higher risks. In any case, it is up to you to decide. Have a good luck! |