When you visit Bloomington Acura to buy a car, you will be faced with one huge decision: do you want to invest in a brand new vehicle or one that already has a few miles but a lot of life left to give? Take a look at three questions you should ask yourself to determine whether you should buy a new or used vehicle.
What does your budget allow?
Think about the size of the payment you can logically afford. Newer cars can come with a larger monthly payment.
How long do you want your investment to last?
Used cars simply don’t have as much life left to give as a new car. Therefore, buying used may mean you have to reinvest in another vehicle sooner than you want to.
Are you prepared for the costs of maintaining a used car?
While a new car often comes with a warranty to cover repairs for a span of time, a used car does not. Therefore, if you face maintenance issues, this is a bill you will need to be financially prepared to handle.