So, you want a Lexus but are wondering if you should buy new or used? Not to worry—all car buyers have to face this question sooner or later and neither answer is right or wrong. There are pros and cons to both and what it comes down to is your personal preference and how much you are willing to spend. Let’s take a look at the pros and cons of each option.
Advantages of New
If you are one of those people who is all about having and showing off the newest, most luxurious vehicle on the block, you probably won’t consider buying a used car. Car manufacturers spend a lot of time on innovation and making new cars better than the last models. New cars offer the latest technology, better safety features, new designs, and more. Buying a new luxury car is easier than ever. You have a huge selection to choose from and you can even find it in the perfect color and trim level. Another advantage is that you can be proud that you are the first and only owner of the vehicle in your neighborhood.
Disadvantages of New
One of the biggest disadvantages of a new vehicle purchase is that it can be quite pricey if you’re on a budget. You’ll be paying more in sales tax and your monthly payments will be higher, too. The second issue is depreciation. A car’s value can go down real quick once it is driven off the lot. If money isn’t an issue, there really isn’t any other disadvantages.
Advantages of Used
A lot of people choose to buy used because they want to save money. The first owner will have taken most of the depreciation costs and in return, you will have a vehicle that is reasonably priced for the budget you want. When choosing used, you have two options: a used or certified used car. At our dealership we offer L/certified vehicles, which are pre-owned Lexus vehicles that have gone through a 161-point inspection, offering you a peace of mind when purchasing a car that isn’t brand-new.
Disadvantages of Used
We’re not going to lie, it’s a risk when you choose to buy a used luxury vehicle. You don’t know what the vehicle has been through and you might find something wrong. On the flip side, you might find a fantastic car that was well-cared-for and the owners just wanted to upgrade. Another issue you might run into is that you won’t have a great selection to choose from. You might not get the color or features you wanted in the same vehicle. You’ll just have to settle and that might be a bummer.
Depending on your current situation, you will know which option is best for you. You might choose the newest model or you might be okay with a slightly older model that is equipped with the necessities. Whatever you choose, Larry H. Miller Lexus Murray is your home of affordable luxury. We have a huge inventory of new, used, and L/Certified vehicles and we’re positive you’ll find the perfect vehicle here. Call us or schedule a test drive online today.
