New Hondas Vs. Used Hondas
New Hondas vs. Used Hondas
When considering the purchase of a new car, the number one consideration is whether to buy new or used. There are many pros and cons to both options and there is no right or wrong answer for any individual or family.
Collins Honda car dealers in Sydney offer a wide range of both new and used Hondas to suit your needs. When you are looking to purchase your next Honda, but unsure if you should go new or used, consider the following:
Purchasing a Brand New Honda
While a brand new Honda is going to set you back financially, in comparison to purchasing second hand, there are obvious benefits. New cars can be made to order and the new car warranty is untouched, giving you some peace of mind.
Due to the rapid pace of technological advancement and ever-increasing safety standards, a new car will always offer the latest in safety systems, as well as higher fuel efficiency and lower emissions.
Typically, you will find that financing rates are lower for new cars compared with used cars. This is due to the fact that the vehicle has not yet been affected by depreciation. Depreciation, however, is the largest expense of car ownership. Purchasing a brand new vehicle will give you all the creature comforts, better finance rates and greater peace of mind with the state of your vehicle. However, you must understand that the value of your vehicle will depreciate in the first few years.
Purchasing a Brand New Honda
Purchasing a used car is, of course, going to be cheaper than purchasing brand new. One major consideration has to be the treatment the car has received from its previous owners, how old the vehicle is and it’s kilometres to date. If you purchase a nearly new used car you may inherit some portion of the new car warranty, which will give you peace of mind if any repair or maintenance requirements pop-up in the initial time from purchase.
Purchasing a second hand vehicle, of course, requires additional research, not only into the car that is most ideal for your needs, but also a thorough inquiry into its treatment before your purchase. However, with the right investment of time and understanding of what to look out for, you could purchase a used Honda at a bargain price while still enjoying the features and benefits you would expect from a new Honda. Insurance also tends to be lower for used cars.
No one can tell you which solution is best for you or your family, but doing your own research, understanding your needs, budget and what to look out for when purchasing a new vehicle will help you reach a decision that you can feel comfortable with.
Are you on the lookout for a new or used Honda in Sydney? Collins Honda car dealers – we have a wide range to suit your needs regardless of how unique they are. Get in touch with the team on (02) 9199 0776 or submit an enquiry on our contact page.