Is Buying a Used Car Better?

Buying a used car is something that is quickly catchingknow what kind of a driver you are. You absolutely
on for many of us. I am probably going to be one ofcannot go into a dealership and pick out a car
those people that winds up buying a used car as mybecause you liked the way it looked on a commercial
next vehicle rather than buying new. Every car thatthat you saw. Instead, you have to go into it with a
I've ever had the luxury of driving has been brand new.much more clear head. What kind of driving do you
However, after my latest foible of purchasing a brandtypically do in a week? Are you the kind of person
new vehicle that has had nothing but problems with itwho goes on a lot of weekend trips? Are you close
since day one, I have set my sights on purchasing ato your family or friends who live hundreds of miles
used vehicle.away? There are other things to take into account as
Used vehicles aren't better than nor are they worsewell. For instance, what kind of salary do you have?
than purchasing a new car. Rather, it is merely aWhat is your monthly overhead with all of your bills
choice of preference. What many first time car buyerstaken into consideration?
do not realize is that as soon as you drive that newRemember that when you purchase a car for the first
car off of the parking lot from the dealership, ittime, you are paying significantly more than what is
immediately loses its value. It is a sad but true fact.advertised on the sticker price. From the down
And right after I realized that my choice to purchasepayment on your vehicle to the monthly payments that
the car that I wound up with, I returned to thewill follow until your lease term has expired, you still
dealership just a few weeks later to find out howhave to pay for gasoline to fill up your vehicle as well
much I would be able to recoup and was shocked toas oil changes and regular servicing, not to mention the
learn that it had already lost half of its value! Imagineoccasional mishap that can happen when you own a
my chagrin when I, dumbfounded, left the dealershipvehicle. No one ever plans on getting into an accident,
and started to feel incredibly ashamed that I hadbut this is what insurance is for. So, now you've got to
rushed into such a major decision.find an insurance company, which will cost more
A couple of years later, and in a slightly differentmoney per month depending on your driving history as
financial position, I am now considering getting awell as the type of vehicle that you own. Can you
different vehicle altogether. The main thing to considerthink of any other things that might cause your car to
when purchasing a car (whether new or used) is tocost more than you originally planned?