Advantages to buying a new car
There are many advantages to buying or leasing a new car over a pre-owned. There is nothing like the feeling of driving that brand new trouble free car of your dreams off ther showroom floor. A new car offers additional piece of mind of not have to worry about mechanical breakdowns, the look, feel, and smell, sometimes at a payment comparable to a pre owned vehicle.
New Cars have great new car incentives and rebates
Because of the manufacturers Rebates and Incentives many educated new car consumers can obtain a lower payment on a brand new vehicle as compared to a one or two year older vehicle. Auto lenders will offer a lower interest rate percentage sometimes much lower, (especially when subsidized by the Manufacturer), most people have heard of the zero percent interest occasionally offered in order to sell more cars. They will usually also offer a longer term of financing for the loan thereby spreading the payments out over a longer period that reduces the monthly payment amount.
New car leasing offers low monthly payments
New car lease payments can be even much lower than an extended term new car finance payment. New car Manufacturers would rather shorten the new car trade in cycle to two or three years and sell more new cars. In other words, if the new car purchaser does not replace the financed new car every six years as comparison to leasing a new car every two or three they can double or triple new car sales for the same period of time.
New cars come with a free warranty
A new vehicle also comes with a Free bumper to bumper manufacturers warranty usually at least three years or thirty six thousand miles and a limited warranty after that. One manufacturer, Kia, offers a ten year one hundred thousand mile warranty free of charge.
New car dealers offer additional incentives
Most manufacturers also offer complimentary loaner cars if the vehicle is going to be in for service overnight.
Most dealers also offer additional incentives like free oil changes, car washes, inspections, referral rewards, free rental cars, and free gifts to buyers.
Manufacturers are constantly improving the benefits, styling, and features. New vehicle purchasers can enjoy the latest and best technology. Manufacturers are also constantly improving performance and gas mileage, and emissions. Manufacturers are constantly introducing incentives, financing options, rebates, and other enticements to attract buyers.