Should I Buy New or Used?

September 11th, 2018 by

showroom with cars

Ladue drivers in the market for a vehicle might be wondering whether they should opt for a new or used vehicle. There are benefits and downsides to each side of the coin, and the decision, in the end, is a personal choice. The factors that determine the best option for you are based on your needs and your financial status. Before you come visit us, take a look at brief guide that will help you determine the best path for you.

Buying New: The Ups and Downs

  • Benefits
    • Latest technology
    • Newest safety features
    • Better fuel economy
    • Peace of mind in terms of quality
    • Great Warranty Coverage
    • Easier to find the car you want
    • More special offers and financing deals
  • Downsides
    • Higher cost
    • Quicker depreciation
    • Higher sales tax
    • Higher insurance payments

Buying Used: The Good and the Bad

  • Benefits
    • Initial depreciation has passed
    • Much lower cost
    • Additional features no not impact cost as much
    • Wider selection
    • Lower insurance rates
    • Lower sales tax
  • Downsides
    • Potential problems from previous owner(s)
    • Limited, or no, warranty options
    • Limited choice of features, color, etc.
    • Some cars depreciate more than others, so value differs between each model

The bottom line is that the decision comes down to you, the buyer. Your financial status, needs, and wants are all factors that impact what choice is best for you. Also, don’t forget there are Certified Pre-Owned vehicles to take advantage of as well!

Find Your Next Vehicle at Mercedes-Benz of St. Louis

Whether you decide to go with a new or used vehicle, make Mercedes-Benz of St. Louis your stop. Our dedicated team can help you with financing, and get you settled in that perfect vehicle for you. Stop by our dealership near Clayton, or contact us online with any questions you have!

More From Mercedes-Benz of St. Louis

  • How Much Does the Mercedes-Benz A-Class Cost?

    Do you dream of driving the Mercedes-Benz A-Class luxury sedan all over the Clayton and Ladue roads? Then you might be asking yourself, “Just how much does the Mercedes-Benz A-Class cost?” The 2019 Mercedes-Benz A-Class has a starting price of $32,500 MSRP* – and we think you’ll agree that it’s worth every penny! From state-of-the-art…

  • What’s the Mercedes-Benz GLE Price?

    Whether you’re looking for a powerful SUV or a three-row family vehicle, the new Mercedes-Benz GLE has no shortage of options. Curious about the new Mercedes-Benz GLE prices and trims? Explore the lineup overview put together by Mercedes-Benz of St. Louis to learn more about all the GLE price points and configurations, so you can make the selection…

  • What Are the 2019 Mercedes-Benz GLC Dimensions?

    The 2019 Mercedes-Benz GLC – both in its SUV and coupe configurations – provides Clayton families with more than enough room to stretch out and get comfortable. Explore the Mercedes-Benz GLC dimensions below, then stop by Mercedes-Benz of St. Louis and see how cost-effective your next luxury vehicle could be. Learn More New GLC Inventory Mercedes-Benz GLC Interior Dimensions…

Posted in FAQ