There is nothing like sitting in a your own, brand new car delivered to your specifications with that overwhelming smell of "new car"! That said, before you head for the car lot and get ready to part with a lot of money or take on a heap of new financing, just take a time out and think through some of the following issues - we're not trying to put you off buying a new car, we just want you to get the very best deal possible and have you really enjoy all the benefits new car ownership brings.
Do You Really Need a New Car?
One of the biggest drawbacks with buying a new car is that as soon as you drive it off the lot it depreciates rapidly - usually at least a couple of thousand bucks as soon as you turn the key in the ignition. Depreciation is a real killer for new car sales, but there are some really good reasons why people should buy new vehicles instead of cheaper, second-hand models.
Buying a new car as a status symbol is not really a good idea, however for some professions and occupations a late model car is a prerequisite not a luxury. Sales people in particular, need to demonstrate personal success in order to convey that they are successful in business life.
You may also have certain personal needs which cannot be satisfied by buying a pre-owned model: buying a new car means it will be tailored to your specifications. This is a unique opportunity to have a vehicle exactly how you need it, whether it be for work or personal life.
The Financial Incentive
Unless you've been living under a rock the last year, the new car industry has been suffering from the economic recession. Finance deals, optional extras and accessories, service deals, guarantees and most of all, exceptionally aggressive pricing have all been used to lure customers to the new car dealerships. Historically, there has never been a better time to strike a bargain for a brand new automobile - if you ever want to experience the feeling and satisfaction which comes from owning a new car, then now is the best opportunity you will have to do so (from a financial point of view).
Environmental Issues
Automobiles are a major source of air pollution and environmental damage, both from emissions and from the raw material which are used in their construction.
Older cars are far more polluting in terms of the emissions and their fuel economy is frequently derisory. Buying a new car, with an efficient engine which may use alternative fuels to gasoline, is likely to result in a reduction in your carbon footprint. Burning fuel more efficiently also means you are likely to save money by using less gas, so there is a dual-reason for buying new vehicles compared to pre-owned - cost-savings and pollution reduction.
The Feel Good Factor
There is a major psychological boost from owning a brand-new, never before been driven automobile. Don't discount this feeling and it is hard to convey unless you have already had the pleasure of owning a brand new car before, so don't discount it. A car is a major purchase and a prized possession - we like to show them off irrespective of whether they are new or old. There is a great deal of kudos and self-satisfaction to be had from owning a brand new automobile which is one reason why so many new cars are sold in the US (despite the current recessionary climate).
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