New vs. Pre-Owned Hyundai: Making the Right Choice for Your Budget
New vs. Pre-Owned Hyundai: Making the Right Choice for Your Budget
A reliable vehicle offers peace of mind and ensures you and your loved ones can get to and from work, school, or social outings safely. With hundreds of models available in Canada, deciding between your next car may feel overwhelming. You also have to consider buying new or buying used. To help you make the right call, here are the top perks of a new car vs. a used vehicle.
Latest Technology
High-tech features are trending in today’s car market, with adaptive cruise control, blind spot monitors, and automatic emergency brakes just a few popular examples. A new model in the first year of its release will typically give you the edge technology-wise with state-of-the-art features compared to an older used car. However, it’s best to check at your local dealership for certified pre-owned car models under five years old, as you may be surprised by which relatively new tech features you can find.
Affordability
Although the purchase price is higher with a brand-new car, generally lenders offer lower interest rates because the vehicles are worth more at the start. Newer models also boast a higher resale value if you aren’t sure how long you will keep your vehicle before trading it in. By buying used, you will likely save money on monthly payments, although there is the potential of higher maintenance costs.
Factory Warranty
While weighing up car prices of a new vs. used car, it’s also important to factor in the extended warranty of new cars. However, choosing a certified pre-owned vehicle (CPO) also gives you an extended manufacturer’s warranty for cars with low mileage and a clean CARFAX vehicle history report from the previous owner. In that case, you can save money on a one to five-year-old vehicle that still has plenty of years left in the tank.
Safety Features
From powertrain to fuel efficiency, there are a lot of features to consider before signing on the dotted line for a new or used car. Newer models boast top-of-the-line safety solutions to protect all passengers, particularly as mandatory monitoring and on-demand roadside assistance become more popular. It may help to compare the newest release of your favourite car model to a slightly older version, so you can decide whether a discounted price still ticks your boxes in terms of safety and features.
Visit Your New and Used Hyundai Dealership in Saskatoon South
Hopefully, these insights will help you make an informed decision on your next car. Whether you’re interested in a brand-new ride, a trade-in, or a pre-owned car, FFUN Saskatoon South Hyundai has you covered. We are pleased to bring you a fantastic selection of best-selling new and used models, including the Hyundai Santa Fe and Hyundai Tucson.
Stop by for a test drive and see for yourself why we are the trusted choice for local car buyers. Check out new models and incentives or take a look at our certified pre-owned inventory today.