Why used makes sense

  • A new car loses a large share of its value in the first few years; a used car has already taken that hit.
  • The same budget buys a bigger segment or a higher variant.
  • Insurance premiums are lower because the insured value is lower.
  • You can see how the exact car has been driven and maintained.

Why new makes sense

  • Full manufacturer warranty and free services.
  • Latest safety features and emission standards.
  • No unknown history.
  • New-car loans usually carry lower interest rates.

How to decide

If you plan to keep the car for many years and want the latest features, new can be worth it. If you want more car for the money, or plan to change in three or four years, a well-chosen used car is usually the better deal.

For a used car, a documented service history matters more than a low odometer reading.