Should you buy a new, nearly new or used car? We take a look at the pros and cons of each option:
is still an issue. Ideally, a car will have a complete service history: if not, you can buy some reassurance in the form of a history check.If you buy nearly new, you'll generally be getting a car from a dealer's demonstration fleet, or one from their 'pre-registered' stock .
On one level, this option looks like the best of both worlds. It gives you all the benefits of modern, fuel-efficient and safe cars, but takes away a good chunk of that 'out of the showroom' depreciation. The downsides are an extra name on the registration document – which will lower the car's resale value – and the restriction of choice. In terms of specification you get whatever the dealership considers best for both demonstrator appeal and easy resale. They're good judges of what the market wants, so this is not a bad thing.
Nearly new cars will have covered up to a few thousand miles. Not enough to have any impact on their appeal or driveability, but enough to take that 'new car' feeling away. For some buyers, that's reason enough to avoid them. Others will appreciate the fact the saving they represent over buying new.with the dealer before you commit to its purchase. You might think you're buying a 2016 car, but it could actually be a 2015 model.
The key thing to remember when buying any car is to set a budget and stick to it. It's a buyer's market. If you can't reach agreement on the car of your dreams, don't worry: somewhere, there'll be another one that's just as good.
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