New or Used Car? Determining Which Is Right for You

Things to think about when deciding between a new or used car.

If you are looking to buy a car, then you have a lot of decisions resting on your shoulders.  One of the biggest things to decide is whether you should go with a new or used vehicle.  Here ‘s what you should consider when deciding between a new or used car.


Your budget is one of the biggest factors to consider when deciding between a new and used car.  Obviously, buying a used car will be far more economical than buying a brand-new car and driving it off the lot.

Insurance Costs

Insuring a brand-new car is typically more expensive than insuring a used vehicle.  This is because new cars are more costly to repair or replace.  However, keep in mind that buying an older used car will not necessarily save you money on insurance.  Because older cars do not have updated safety features and tend to be less reliable, they are more likely to be stolen or involved in an accident.  These risks translate into higher insurance costs.  Generally, buying a used car that’s only a few years old is the best way to maximize your auto insurance savings.


New cars come equipped with the latest in driving and safety technology.  For instance, new cars will have things like automatic braking, blind spot monitors, backup cameras, GPS, and other updated features that used cars may not offer.  If you want the newest tech to enhance your driving experience and your safety, then investing in a brand-new car is the way to go.

Reliability and Maintenance

When purchasing a car, reliability is one of the most important things to consider.  Brand-new cars will naturally be more reliable and have fewer maintenance issues than older, used cars.  As a general rule, the older the car, the less reliable it will be.  If you are planning on buying a used car, it’s vital to get a vehicle history report and have it inspected by a mechanic.  Taking these steps will ensure that the car you are buying has been well maintained and has not experienced issues in the past.

Consider these factors when deciding between a new or used car.  Whether you go new or used, you will need to secure the right auto insurance to protect your ride.  For assistance with all your car coverage needs, contact the experts at Mike Leonard Insurance Agency.  Our dedicated team is eager to find you the right coverage from one of our many carriers including: Kemper, MetLife, Nationwide, Travelers, The Hartford, Safeco Insurance, Progressive, and American Strategic Insurance.