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Home > Used Car Warranty Programs - What To Look For In A Used Car Warranty
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Buy a New Car or a Used Car? Have You Thought of These Points? by Alevoor Rajagopal
Buying cars and the payment routines are inevitable cyclical issues in everyone's life. Cyclical because most of us buy cars three or four times in our lives and however you look at it, it is going to be an expensive matter. To whomsoever this may apply will need to think "Should I buy a new car at all?"
Granted that when you buy a new car you are not buying some disguised trouble or not a second hand machine which smells spilled cool drink. Your advisors may argue in favor of buying a new car for its perceived perfection. That's a strong point, yes. The warranty, no likelyhood of major problems and free services offers aren't easy to brush aside. This adds up with any promotional sops such as extended warranty or insurance premium will further push one to buy new car.
But think of these critical things before deciding to inflate your monthly payments.
1. Your bank balance
2. Your credit rating
3. Your monthly income
4. Even new cars are not insulated from problems
Despite all the brand equities we know how many cars of many brands are recalled each year. After all, when you deal with sales persons you know all too well how much to trust them.
A new car is only new till it goes out of the showroom. Problems sap your energy and money no matter whether you have warranty and insurance to cover them. Ask a finance guy, he will immediately point out that a new car is always a liability as it begins to depreciate the moment you took delivery.
Look at it this way. If your loan term is 4-6 years and you don't keep it beyond it, you have paid interest till then only to sell it. Secondly, your friend appreciating your new car may continue to drive in his old car and whenever he buys his next used car, it will still be new for him. Americans are buying 40 million used cars this year against 17 million new cars.
Buying a good [http://www.carbargain.biz/ ]used car is never by chance but by strong knowledge. Apply strong knowledge enjoy better life.
Alevoor Rajagopal, MBA, a business consultant, voices on fair practices in [http://www.carbargain.biz/]used car deals.
About the Author
Alevoor Rajagopal, MBA, a business consultant, voices on fair practices in used car (http://www.carbargain.biz/) deals.
He also writes passionately on showcasing individuality with MySpace layout (http://myspacelayouthelp.blogspot.com/).
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