Should You Buy A New Car Or Used Car? Cost vs. Value!

Deciding whether to acquire a used car or a new one can put any person in the state of a dilemma. There are a lot of questions involved in the process of buying a car, but the first, simplest one is probably the most important: Should you buy new or used?

To help you choose, ShriramAutomall India Limited (SAMIL) has brought this blog.  As we are quite familiar with the fact where there comes a point in every vehicle owner’s life, when he/she witness the state of dilemma, and is just not sure if they should go for a new car or the used one.

Almost every personal finance pundit recommends you should buy a used car over a new car. You will agree with their recommendation once you learn what used car has to offer in terms of cost vs. value.

1.Same Desired Car for Less Money:

 For the price of a new car you can bring home a well-maintained pre-owned car from a much higher segment. 

2.Reliability: 

Gone are the days when used cars needed regular trips to the mechanic. With most cars on the market today, long-term reliability is part of the package. So, in fewer prices you can acquire the used car of your choice with reliability enacted.

3.Extended warranties:

If the pre-owned car you are looking at is only a year or two old, odds are that you can take advantage of an extended warranty. There are two types of extended warranties: those that cover almost all components (like a new car warranty), and others that warrant only the engine and transmission.

4.Financing availability:

You might now get to opt. this option form every dealer but with Shriram Automall you can. As company is the 100% subsidiary of Shriram Transport Finance Company (STFC) – The Largest NBFC providing vehicle finance all across the country at affordably convenient EMIs.

These are few of the many benefits that come with acquiring used car. Low depreciation rate, Less Maintenance cost, vast range etc. are the others.

So, what are you waiting for? We are guessing we have provided you an answer for your dilemma. Visit your nearby Automall today to acquire or dispose used vehicle and equipment of every make and model at optimal prices, through most innovative bidding platforms of all time.