There is no smell like that of a new car. Even if you have never owned one yourself, you have probably sat in a friends, and you will understand what I mean. Many people look with disdain at those who are a little more fortunate and able to afford their own brand new car. I congratulate them as I know that it will soon be on the market again but this time at a price I can afford.
Is it better to buy new or used? That is an argument that will rage for decades to come, and I can only give you my opinion and a reasonable argument.
Here you will find the pros and cons of buying a new car compared with a used one. I hope it helps you to reach a decision if you are ready to buy now.
If you buy a brand new sports car, it will come with the latest registration plates, and the Mazda website says that the MX-5 has active safety systems that help to avoid collisions. New computerised stability control, traction control and airbags mean that, the newer a car is, the safer it probably is. Safety innovation moves on at a pace, and there are always new systems being developed for the latest models. Obviously this means that a used sports car will be missing some of the latest features.
You have probably heard the word depreciation a lot when reading about buying cars. Unfortunately it is a factor that has to be considered if buying new. Once the registration document has an owner listed, the car is used, no matter if it has never been driven. Thousands of pounds are instantly wiped off a car’s value when you buy it. Some cars suffer worse with depreciation than others, so buying wisely will minimise it. A used vehicle will weather the storm of depreciation for longer. The value will usually drop at a steady rate until the end of its life. If you are intending to keep the vehicle for all of its life, then you may not see depreciation as an issue.
Repairs and Servicing
New cars come with guarantees of up to five years against any fault that was not caused by the user, or wearable parts such as tyres. The vehicles are built to such a high standard and using high tech materials that breakdowns are unlikely during the guarantee period anyway, so the manufacturers are on a safe bet.
Used cars are naturally more prone to faults because of their age. If you are lucky and buy the right car, however, the car may not need expensive repairs for five years or more, after the manufacturers guarantee ends.
Peace of Mind
The owner of a new car may be devastated if someone bangs into it with a shopping trolley or another car door bangs against it when parked. Though these people should be shot for allowing such things to happen, it is often less stressful being a victim of small prangs in a used car.
After considering the above points, I have come to the conclusion that new cars are best. People look upon them with envy, and they provide a market for used vehicles when the owner upgrades to another new model. So let’s put an end to the argument once and for all.