Once you have driven your car for a few years, there comes the time when you want something new. Along with the decision to upgrade, comes the contemplation of upgrading to a more modern used car, one that is more appropriate with your current needs or a brand new car fresh off the lot. Let’s explore the benefits of trading in an older car for a brand spanking new vehicle.
PERSONAL SALE VS TRADE IN
Traditionally, persons have undertaken the challenge of selling their car on their own through private advertising to prospective buyers or posting ads in the classifieds. While this approach has worked for many, the opportunity to trade-in is one which is now being taken by many customers, who may not have the time to take calls and set appointments for viewing, and all the time-consuming legwork that comes with the process. The first benefit of a trade-in is that it is easier and more time efficient. Truth be told, not all cars are a quick sell, but once the older car meets dealership requirements your dream of a new car is within reach. Additionally, all the legwork that comes with having the older car transferred and finding a new owner is handed over to the dealer. To add to that point, where there may be a need for minor repairs, you can be spared the hassle of undertaking that expense as based on negotiations; same may be absorbed by the dealer themselves. In short, the whole trade in process is quick, easy and hassle-free.
NEW VS USED
Buying a car is high on the list of major purchases we will all make at some time in our lives. Why not ensure that this move will be one that will be beneficial in the long run? Yes, buying a used car may cost less initially, but unless you have a full history on the car, you may encounter at some point, mechanical or other problems that may cause you to spend money that was not budgeted for. On the other hand, if you trade-in your old car for a new model, you reap the benefits of a new car owner. Some of these benefits include warranty, service packages and peace of mind that it has not been in any accidents, has no wear and comes complete that amazing new car smell which really is the best thing ever.
From an economical perspective, trading in your older car for a new one may also prove to be a more cost effective option in the long run for a number of reasons. Firstly, the trade-in price may be used as an initial deposit towards the new car price, which will offset the amount you spend out of pocket or finance. Should you choose to finance your car, the less you borrow means lower monthly payments and possibly a shorter loan tenure. While we are on the topic of financing, banks and other financial institutions offer up to one hundred percent (100%) on brand new cars and interest rate are also more attractive. Purchasing a used car, which is likely to be older, will not guarantee the same benefit and interest rates as often much higher.
Ultimately, the final decision on buying a used car versus trading in for a new vehicle rests in the hands of the customer, however; if possible the option to trade is one I strongly encourage you to look into it. Everyone deserves to own a brand new, straight-out-of-the-showroom, never-driven car. Before you talk yourself into believing you can only afford a used car, check out your options. You might find that driving away in that brand new car is easier and more cost effective than you ever dreamed. To find about more about how you can drive the car of your dreams, Call 1-888-ATL-SERV or visit an ATL Automotive showroom now.
Dawnett Johnson started ATL Automotive in November as a Sales Executive for Audi. With her ambitious drive she became the Finance and Insurance Specialist for Audi, Volkswagen and ATL Approved Pre-Owned. Dawnett exudes what ATL is built on. Passionate about customer satisfaction and commits to working assiduously to ensure that ATL customers are provided with the most competitive rates on financing their dream car while of course delivering “Unbeatable” service.