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new car buying

Money Matters

8 Best Reasons to Buy a New Car

November 28, 2018
Buy-a-new-car
Should you buy a new car? Second only to a home mortgage, a new car is perhaps the biggest purchase you’ll make. But is it worth it when there are millions of quality used cars for sale out there? Let’s go over the benefits of buying a new car vs. a used vehicle.

1. Long Warranties

One of if not the major perks of buying a new car is its manufacturer’s warranty. The majority of new vehicles come with a comprehensive warranty that covers defects for up to 3 years or 50,000 miles. Some auto brands offer even more coverage; Hyundai, for instance, includes an incredible 5-year/60,000 mile warranty combined with a 10-year powertrain warranty. You may also be able to purchase extended warranty coverage through your car dealer.
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