People who buy Utah cars often feel unsure as to whether to buy new or used. Not everyone has this problem, of course-those who can’t afford to buy new, or those who don’t have high-enough credit ratings to get larger, new-car loans don’t have such difficulties. If you suffer from this new-versus-used dilemma, and you have the ability to buy new if you want to, perhaps you should ask the following car-buying questions of yourself. The answers you generate might help you decide.

Initially, you need to ask how much you view buying a vehicle as making an investment. If you don’t much perceive your purchase as an investment, you maybe should buy used. If, on the other hand, you see your purchase as highly investment-based, then you should consider buying new from Utah car dealers.

If you don’t fit either of these opposites (you’re in the middle somewhere) you should answer a few other vehicle-related questions. You should ask yourself how crucial is driving a new car; how important is it to have the options you want, including color; how much would it bother you to lose lots of value in depreciation the first year or two of new-car ownership; how much would the higher monthly payments bother you; how capable and tolerant are you in handling vehicle repairs; how crucial is having a mechanical warrantee; how important is it for you to have the latest in safety and other features; how long do you plan to own the car; and how many miles do you drive in a year? When you answer these questions, pay attention to which way you lean and to what degree (towards buying used or new). With all leanings put together, you should see which way to go.

If financial considerations are of concern to you, but you aren’t clear about how they all would affect you, one way or the other, there are real-live bankers and online resources, to say nothing of Utah car dealership financial managers to help you sort through it all. Let me give you a few more points: interest rates for new-car loans are typically one to three percent less than for used-car loans; short loans usually have lower interest rates than do longer loans; and people with excellent credit ratings can sometimes get zero-percent loans from Utah car dealers.

A few more points to consider: higher-priced, Utah new cars are likely to cost more in insurance than lower-priced Utah used cars; the more aged the used car, the greater its chance of having a breakdown that you can’t afford or that it doesn’t pay to fix; many Utah used cars in the one-to-four-year old category have full factory warrantees, and many older ones qualify for extended-warrantee purchases; and purchasing a one-year-old car can allow you to buy a much fancier car for the same price as a less-fancy, new one for the same price.

If you’re still undecided after this, you can get all the help you need from Utah car dealerships in choosing between Utah used cars or Utah new cars.

Tags: Automotive, Utah car, Utah cars, vehicles