Arrowhead Honda | Honda Dealers Phoenix

Thursday, July 14, 2016

Honda Dealers Phoenix Arrowhead Honda

Some people always buy new; others always buy used. When it comes to your next vehicle, what are some of the factors involved in making that choice?

Since cost is very important to most people, let’s talk pricing first. New cars have, of course, a higher purchase price. Used cars have a lower purchase price and can be a better value overall. If you purchase from a private seller with no dealer in the transaction, you’ll probably get a better price — but if the deal turns out to be a bad one, the seller usually will not allow you to return it.

New vehicles depreciate at least fifteen percent the moment the new owner drives off the lot. Used cars continue to depreciate but most cars depreciate the most in the first three years.

Insurance costs are going to be higher for a new car, as will registration fees and sales taxes. Conversely, loan rates will probably carry a higher loan rate. Vehicles over seven years may not qualify for financing.

A new vehicle usually comes with some form of comprehensive warranty that covers the cost of repairs and labor for a period of time or a specific mileage limit, whichever comes first. Also, additional coverage may be available at an added cost. When purchased from a dealer, used cars may, but probably not come with a comprehensive warranty. A limited warranty may be available. When purchased from a private seller, you can forget a warranty.

One of the fun parts of purchasing a new vehicle is the ability to order a car with features and options that you like. While you can’t order a used car, by shopping around you may find the features you are looking for. Patience may be required, though.

A new car should have no defects, previous wear, body damage or mechanical problems. Buying a used vehicle may mean higher maintenance costs. To minimize this cost, before buying a used car, it would be smart to look at the maintenance documentation, take test drive during daylight hours and inspect, and have a mechanic that you trust inspect the car before you plunk down your money.

A possible middle ground between buying new and used is a “certified pre-owned” vehicle. These cars have been inspected by a dealer and come with a warranty.

Arrowhead Honda | Honda Dealers Phoenix

Tuesday, September 6, 2016

Camelback Honda Arrowhead Honda

Honda Dealers Phoenix Arrowhead Honda

Honda Dealers Phoenix Arrowhead Honda

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