Buying New vs Buying Used: Explained!

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First thing's first: if you're in the market for a new ride, you must decide if you want to purchase a brand new or a pre-owned vehicle. Which is the best and smartest choice?

 It is up to you to decide which option best fits your lifestyle and your budget, but your trusted car dealers at the Lake want to help make that decision a little easier! We've compiled a list of the pros and cons for buying a new vs a used vehicle. We hope you'll find this information helpful!

NEW VEHICLES

Pros:
  • Almost all new vehicles come with a manufacturer's warranty that ensures affordable (or free!) repairs. The amount of time and miles that these warranties cover vary by dealerships - ask us about the manufacturer's warranties at Hulett Chevrolet Buick GMC!
    New 2014 Buick Encore
  • New cars often offer the latest technology available, so you can enjoy all the benefits of built-in navigational systems, satellite radio, etc.
  • When you purchase a new car, you won't have to worry about who the vehicle's previous owners were and how well they took care of it.
  • New vehicles are typically more environmentally friendly.
  • New vehicles incorporate the latest vehicle safety technology.

Cons:
  • New cars lose their value at a fairly rapid rate. According Edmunds.com, the value of a new car drops 11% the moment you drive it off the lot, and continues to drop 15-25% per year for the first five years that you own it.
  • New cars are more expensive.

PRE-OWNED VEHICLES

Pros:

Cons:
  • Used vehicles may not come with a warranty, so you'll have to pay for any repairs out of pocket.
  • You have no way of knowing how the previous owner treated the car.

These pros and cons are important to keep in mind as you conduct your search for a new vehicle. If you're looking for a new or pre-owned vehicle at the Lake of the Ozarks, stop by and see us! We would be happy to discuss your options with you.

 Come by and see for yourself why we are the best place to buy a car at the Lake of the Ozarks!

We look forward to the opportunity to meet you and help you find the vehicle that is just right for you! We have a large inventory of new and pre-owned vehicles.


The Team at Hulett Chevrolet Buick GMC

513 N. Business Route 5
Camdenton, MO  65020
www.ShopHulett.com
Sales: 573.317.4197
Service:  573.317.4195
Location: Camdenton, MO 65020, USA

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