Buying a Used Car Vs. New Car

Buying a car is a monumental milestone in the life of a person or family. Since it is such a tremendous decision, it is important to weigh all the options available so one is confident in making the right choice.

Buying a new car is a great feeling because the car has zero mileage. This purchase feels safe because a new car may need less maintenance and the buyer is entitled to warranty. As reported by, the biggest downside of buying a new car is that as soon as you drive off the dealership’s lot, the vehicle loses 11% of its value. Additionally, after only one year of ownership, the vehicle’s value decreases by 25% and after five years of ownership the car’s value decrease is 63%.

There are many good reasons to buy a used car instead of a new one. Avoiding new-car depreciation and hefty initial costs of a new car are just one example of why buying a used car rather than a new car could be a better fit for some potential buyers.

Maintenance is an important aspect to consider when making the decision to buy a car. By purchasing a used car that is only a year or two old, one may be able to get free maintenance for a couple of months or even years, depending on how much of the car’s original warranty is left. Car buyers looking for a used car they can trust should look into certified pre-owned vehicles. Certified pre-owned vehicles are used cars that are good condition, have low mileage and have not had any major damage. The majority of used car dealerships have a certified pre-owned program which makes finding a reliable used car simple.

Buying a car is an important decision that should not be executed without considering all options. If a used car suits your needs best, check out the selection of cars on is an online marketplace that allows drivers to list their current lease and helps match them with buyers looking to take over the remainder of that lease. Both parties get what they’re looking for all with the convenience of online shopping.


For more information on finding the best car lease deals or to learn how you can have a successful car lease trade, visit or contact them at 866-SWAPNOW.