Buying a car is an important decision for any individual. But the biggest dilemma is it worth buying a new car or a used car? It is difficult to decide the best out of new and used cars. A detailed discussion regarding the same will give you a clear picture of new and used cars.

Tips for buying new and used cars

• Reliability
  Never pick a car just by its looks. Since you are going to use the car for transportation. Purchasing a car is a one-time investment. You cannot afford to purchase a new car once in 6 months. Similarly, used cars repeated visits for repairs and maintenance is also not a good sign. Therefore, picking the right car for long term use is a smart way to keep your investment safe.
• Ability to bargain
  Master yourself in the art of bargaining and see the magic. Follow the golden rule while buying a car, all the costs are negotiable. In-depth research helps a lot while bargaining. Enquire with more than one dealer then compare the quotations and finally seal the deal.
• Credit ratings
  Positive credit ratings indicate that your credit history is clean. Additionally, your loan application for buying a new or old car will get immediate approval.
• Be smart
  While purchasing a car make sure that you either borrow money from banks or reputed money lending institution. Since private companies tend to charge you with unnecessary costs and expenses.
• Time factor
  Buy a car at the end of the financial year or at the time of festivals. Dealers offer the best deals during this period of time. You can enjoy additional benefits like free food coupons, free servicing for six months, freebies and gifts after the keys are handed over.

The quest for a new car and used cars is never-ending. Buy a car which fits in your budget, bargain for discounts, be wise while paying maintenance and other expenses and pick a long lasting car.

Precautions to be taken while purchasing new and used cars

• Finance is an important aspect while making purchases like a car. Ask yourself if you are financially fit for buying a luxury car or a second-hand car. The amount you are planning to borrow. Lastly, how the amount you are going to set aside for repairs, maintenance, and insurance.
• Individuals buying a new car have the advantage of taking a test drive of the desired car. But used car buyers neglect this aspect before buying the car. So demand a test drive of the used car too.
• A brand new car is by default pre-checked by the mechanics. But in the case of used cars, it is advisable to have a thorough check-up of the vehicle with the help of an expert mechanic.
• Never buy a car by its looks. It is important to examine the background of the car and the owner also.

Purchasing a car is the biggest investment decision that an individual makes during his lifetime. So, plan your investment in such a way that it gives you maximum benefits than losses. Therefore, buy a car not by its looks but by its worth. You can arrive at the verdict by going through the pros and cons of new and used cars.