Purchasing a car is a significant undertaking that requires careful forethought. There are many considerations to keep in mind, like the brand, model, seating capacity, fuel efficiency—it’s quite easy to get overwhelmed.
Then there’s the whole question of whether to buy a used car instead of a new one. Simply put, there are advantages and drawbacks associated with both used and new cars.
In this blog post, we look at these advantages and disadvantages to determine which is the better buy. There’s a lot to cover, so let’s begin!
So, which is better: buying a used or new car? Of course, the answer is based on your own requirements and tastes.
If you simply have to have the newest features and technologies, a new car may be the way to go. However, if money is tight and you don’t mind sacrificing some of the bells and whistles, a used car may be the smarter choice.
Additionally, to finance your purchase, consider getting financing from a reputable lender like CarEvo. They offer some of the best used car loan rates in Canada. Along with affordable rates, they offer adaptable payment options, and customized solutions that’ll help you get behind the wheel of your dream car.
Contact us or use our Canada car loan calculator to determine how much you can afford.