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Why Buy a Used Car vs New?

It’s the age-old debate of car shoppers around the world: Why buy a used car vs. new? While there’s no single right answer, there’s often one that will work better for an individual based on their unique situation. So, when you start shopping for a car around Manhattan, Junction City, or Wamego, KS, should you choose a used car or a new one?

To help you decide, the team at Murdock Manhattan Chevrolet Cadillac is here to break down some of the major differences between financing and owning a used vehicle vs. new vehicle. Explore the unique benefits you’ll have with used cars and new cars to see which one appeals more to you:

Used Cars                              vs                             New Cars
Lower insurance rates                                      Advanced tech
Maintain value                                                     Reliability
Lower Cost                                                         Peace of mind


Buy a Used Car vs New

New Cars vs Used Cars

When you shop at our dealership, you’ll find a wide selection of new and used vehicles to choose from. Ultimately, you’ll simply need to decide which one will work better for your needs. Used vehicles are generally less expensive than new cars, which is a major draw for many shoppers.

New cars depreciate in value rather significantly during the first few years of ownership, too. That means, the amount spent when purchasing the vehicle will be harder to regain if you decide to trade it in or sell it later. 

When you decide to trade in your used car at some point, it will have maintained a lot of its value, meaning you’ll get a greater return on your investment. However, with used cars it’s very important to consider ownership costs since maintenance and repairs may be required a bit more often than with a new car.
New vs Used

    Differences in Financing Options

    The biggest difference you’ll find with financing options is that new cars are also available for lease. If you aren’t interested in leasing a model, the process of financing a used or a new car will be very similar. 

    You’ll likely notice a difference in the monthly payments of used vs. new car finance plans. Additionally, it’s a more common for people to pay cash up front for a used model than it would be for a new model. 

    However, when you do your preliminary research and even when you sit down to talk about your potential finance plan, you’ll notice a lot of similarities in the process. 

      Financing at Our Dealership

      To get a head start on financing, you can get preapproved with our online finance application. That way, once you sit down with a member of our team, they’ll already be familiar with your needs and situation. As you work together to customize the ideal payment plan, you’ll start on the same page.

      When it comes to used car purchasing, you could always pay cash. That’s often the most straightforward option, but getting a loan works just as well. Since we have close connections with many local banks and lenders, we’ll make sure you’ll get a financing plan with excellent terms and rates. 
      Financing

        Shop for Your Next Vehicle 

        Whether you decide to purchase a new or a used car, the team at Murdock Manhattan Chevrolet Cadillac is here to help. We take great pride in helping Manhattan, Junction City, and Wamego, Kansas, drivers find a model that fits seamlessly with their lifestyle. 

        If you want to learn more about your options and explore the pros and cons of new and used cars, get in touch with our team today! Then, visit us for a test drive!

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