| People who want to purchase a vehicle are often | | | | companies offer longer service warranty terms and in |
| caught in between whether to buy a new vehicle or a | | | | the long run, getting a brand new car may have more |
| second hand one. There are some exceptions to this | | | | savings. |
| such as buying a vintage car that you would want to | | | | - Financing and Insurance. Some brand new cars have |
| restore but for the most part, there lies the dilemma. | | | | in house financing or there are banks that give better |
| Here are some things to consider when you are in that | | | | rates for in house financing for brand new cars. They |
| dilemma: | | | | have better rates than getting financing for second |
| - Budget. Of course second hand cars are less | | | | hand cars because of the life span of the car. Brand |
| inexpensive than brand new ones but there are other | | | | new cars can be depreciated by the finance company |
| expenses you may not see like the cost of maintaining | | | | in five years. Second hand cars may be fully |
| a second hand car. Some second hand cars may | | | | depreciated depending on the year model and make. |
| have some dents and perhaps getting an estimate | | | | Insurance premiums may also play a factor in the |
| from a dent repair shop may give you a better idea. | | | | decision making process. Second hand cars may not |
| Depending on where you are and the number of | | | | get comprehensive insurance rates because some |
| volumes of vehicles in your location, quotes do differ. | | | | insurance companies factor in the year and make of |
| An estimate from a dent repair shop in one city is | | | | the model. While for brand new cars, it is somewhat |
| different from one in another city as one may be less | | | | better to get comprehensive insurance for it since it is |
| expensive than the other based on the number of | | | | new. |
| cars that are serviced. In many ways, the more cars | | | | - Bartering for the price. Always haggle and barter |
| there are, the cheaper the estimate may be and that | | | | from the ticket price of the car, whether it be brand |
| may be due to competition from other dent repair | | | | new or second hand. For brand new cars, there may |
| shops. The other consideration that has to do with the | | | | be freebies given to you to close the sale. Better yet, |
| budget is the hassle of having less maintenance | | | | haggle for a better price with all the trimmings of the |
| problems with a brand new car as there are service | | | | car. You probably will get a counter offer but that is |
| warranties that go with buying a new car. Some car | | | | the song and dance routine when you purchase a car. |