If you’re a hard, independent worker who likes to spend his money wisely, then you know a car isn’t that easy to buy. In fact, for most people, a car is one of the biggest spend and the biggest decision they have ever made.
It’s no surprise. Even with the various financial aids offered by various third-party companies, it’s still hard for a lot of Filipinos to get a car. A used car is already a big burden for most people’s finances.
That means a brand new car is obviously a luxury that most people would rather cross off their monthly expenses.
In fact, for most people, a car is one of the biggest spend and the biggest decision they have ever made
So why would you want a brand new car? Is it worth buying a new one even if you still have a used one in your garage? Are there any other benefits of getting a new car that you can’t get from a used one asides from the new car smell?
For any practical Filipino, buying a used car will be the first option. If you cross out the style and “swag” that you’ll get from a new car, what’s left will mostly be functionality.
There is also the quality of performance that you can definitely get from picking a good used car off the shop. But there are other ways that a new car can be advantageous for you, as the reasons in this article from Philkotse.com.
1. Better financing deals
You will often see banners and tarps, displaying amazing car financing deals. A few examples are those with zero percent down payment, zero percent interest, or something related. The problem here, however, is the fact that these deals are usually applicable to brand new cars only.
It’s easy to see why dealerships only make these offers available for their brand new units. First off, dealerships want to move their new car inventory out of their showcase. One of the best ways that their marketing strategist see this to be possible is by creating attractive financing offers.
There is also a higher chance that these types of offers will attract prospective buyers with a higher credit score. Although it is possible to find the same financing deals as mentioned above with used cars. But the chances are usually less compared to deals intended for new cars.
You will often see banners and tarps, displaying amazing car financing deals
>>> For your information:
- The top brand new cars priced from Php 700k to Php 1 Million
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2. Reliability
Cars are the type of treasure that people would often rank next to their homes. That’s why if you’re spending quite an amount of money for a new car, you would expect something that will compensate for it.
The good news is that the latest cars made in the past few years have earned a better reputation when it comes to reliability. So if you’re buying a brand new car that’s released from recent years, you can make sure that your investment is as reliable as can be.
Although there is always a chance for a recall, a big percentage of the new car market is often safe from this.
The latest cars made in the past few years have earned a better reputation when it comes to reliability
3. Warranty
This is one of the most obvious ways for a person to go for a brand new car instead of an old, used one. You usually won’t find any old, used car with a warranty still intact with its documents. We did say that the new vehicles these days are pretty much reliable.
But what if the car you spent your hard-earned money on suddenly breaks down? You definitely wouldn’t want to be shelling out more money for repairs just after buying a car.
Although you can still juice out some kind of warranty from a used vehicle, there’s nothing a brand new vehicle warranty.
Warranty is one of the most obvious ways for a person to go for a brand new car instead of an old, used one
>>> Read more: Everything drivers need to know about car warranty
4. Efficiency
The price of fuel will eventually rise and fall. This is already obvious if you observe the fuel market these days. The only way that you can keep up evenly with this trend is to increase your vehicle’s fuel efficiency.
The good news is that more and more vehicle manufacturers are taking this issue into consideration. They are, in fact, making more fuel-efficient in response to this. Fuel efficiency is one of the first features that smart car buyers take into consideration.
Whether you’re into buying a plug-in, an all-electric vehicle, or a hybrid, you can expect better efficiency with a brand new vehicle.
There are also a variety of styles and models that you can choose from the market’s rich selection. If an alternative fuel is off your list, typical gas-powered vehicles are also up for your choosing.
Fuel efficiency is one of the first features that smart car buyers take into consideration
>>> Grab your attention:
- Everything you need to know about surviving gas prices
- 10 myths about fuel efficiency that every Filipino driver should know
5. Technology
If you happened to have a car from a few decades ago, you might remember the old CD players and prominent buttons on the dashboard. If you didn’t have a good CD in your car at that time, you might have also experienced having to tune the radio.
These days, you’ll find all sorts of new technology in the latest cars. This is also another reason why a lot of people are going to updated new cars instead of old, used ones.
From the touchscreen infotainment systems to the booming sound system, everything in a new car has upgraded tech.
If it fits your taste, there is also ambient lighting in some vehicle models that you can modify. Asides from that, there are also HUDs, voice-recognition systems, and other software you may not know about.
These days, you’ll find all sorts of new technology in the latest cars
>>> You might concern: For new car owners: 10 things are essential for the brand-new car
The newer the vehicle, the more updated its safety systems are. Some of the most sought-after features in vehicles are anti-braking locks, automatic braking systems, lane departure warnings, and so on.
Aside from that, the weaker materials that were used in the way older cars are substituted for better, stronger elements.
Other new car safety features that you’ll want to look out for are rear-view cameras. These let you see the rear part of your vehicle, so you don’t hit a kid or a pet while you’re backing up. There are also smarter airbag systems and more responsive and smarter seatbelt systems.
Some vehicles have all these features. There are also some that only have one, two, or a few of them put together. The overall price of the vehicle, will, of course, be affected largely by these features.
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