How Nearly New Cars Could Prove Less Expensive Than Old Cars

Posted on Nov 26 2015 - 6:49am by admin

When buying a car, it is all too easy to fall into the trap of choosing an older car in the belief that it represents better value for money. While many of us know to check insurance prices, and even to consider the published mpg rate for any model before we dive in and make a purchase, it is worth considering much more than these two options to determine whether the old car you are looking at really does represent as significant a saving as it might first appear.

Nearly New Cars

Petrol Consumption

Petrol consumption is always worth considering, but bear in mind that the published mpg rate may not be an accurate reflection of the type of consumption that you will enjoy when behind the wheel. Consider the types of journey you take, and compare these rates, but remember that in the same way that the performance of a car worsens over time, so too will the fuel consumption. There is no accurate way to measure this, but modern cars are made to be more efficient, and the fact that there should be less wear and tear also means that there should be less difference between the advertised mpg and the actual miles per gallon you enjoy.

Maintenance And Servicing

Maintenance and servicing represent a big part of your annual motoring budget, and it is important that you keep your car well maintained and routinely serviced in order to have a greater chance of enjoying a reliable car. As a car ages, so too do its parts, and as parts age they suffer from wear and tear. An older car will usually require more mechanical repairs than a new or nearly new car, so bear this in mind when shopping for your next family car on a site like the Exchange And Mart website.

Warranties And Guarantees

Showrooms and garages are more inclined to provide warranties of their own, and you may even be able to benefit from a main dealer warranty if you opt for a nearly new car, whereas older cars that are more likely to be in need of repair at some time represent a greater financial risk to sellers that provide a warranty. Therefore, you are more likely to enjoy the benefits of a warranty with a newer car, and you are certainly more likely to see longer warranties on cars that are two or three years old, compared to those that come with cars ten years old or more.