We can all agree that Hyundai (HYU) goes all in with its design, safety, and affordability, making it one of the top choices for vehicle buyers. But how do you decide between a new and a used car in the lineup? Let’s look at some things you must consider when shopping for a car in Butler, PA.
Consider Your Budget
Your buying power is often the most significant factor when shopping for a car. A new vehicle costs significantly more than a used one, so you’ll need to choose an option you can afford. However, many dealerships offer financing options and incentive programs that may help you afford your dream car.
Ideally, you want the dealership to pre-approve you for an auto loan. That’s how you make an informed decision and get a better offer from the dealer.
Think About the Purpose of Your New Car
Let’s say you have a family of four and need an affordable vehicle with enough space for everyone plus a little more for cargo. A used SUV may be the more sensible choice here, as it should have enough room and still be within your budget. But it is important to note that finding a well-maintained SUV in the used car market is not the easiest thing to do, unless you buy a certified pre-owned vehicle.
If you are buying your child their first car, a new model may be a better option because of its safety features. HYU is known for its advanced safety technology, so you can trust its latest models to keep your loved one safe on the road.
Research the Resale Value of Your Car in Butler, PA
Generally speaking, new cars will depreciate harder in the first few years than used ones. That makes a used HYU a great option if you’re looking for something that will hold its value over time.
New car buyers can trade in their vehicles after the first year at an estimated 20% depreciation, but this figure jumps to 30% or 40% by the fifth year.
Warranties Can Make a Difference
HYU offers great warranties on all their cars, but they only apply to new and certified pre-owned vehicles. This offer covers the cost of repairs for a predetermined period, depending on the model and year. If you’re worried about costly repairs down the line, buying a new or certified pre-owned HYU is the best option.
Overall, it is important to note that your budget and needs will determine whether you should buy a new or used HYU. A new car might be your best option if you want all the bells and whistles, while a used car can save you money in the long run. Whatever your choice, visit Mike Kelly Hyundai today, and let us help you make your dreams come true.
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