Buying A New vs. Used Car: Advantages Of Each Option

Buying a car can have challenges, and determining which option will be more beneficial makes the process stressful. Each option has its pros and cons, which is why the team at Malouf Lincoln will get you started and ensure you make the right decision on your next vehicle purchase. It is a well-known fact that Lincoln models provide drivers with a dependable ride, offer innovative features, and produce excellent engine power. As the years go by, these vehicles remain in identical condition from when they left the dealership. This also proves that used Lincoln models run almost identically and can only truly be deciphered by their price tag. While there are advantages to both options, we have gathered all the information you need to help make an informed decision that will make your process more beneficial in the long run.

What Are The Advantages Of Buying A New Lincoln?

With a new Lincoln model, drivers are subjected to more unique technology features every release, ensuring you are updated with any changes. Newer Lincoln models also have enhanced safety features and personalized infotainment systems to give drivers a refined ride. Another advantage to the newer Lincoln models is choosing from various trims. With a newer model, you will have access to a more powerful engine, premium cabin features, and improved capabilities. Nevertheless, the customer will face a higher price tag when buying a new Lincoln. However, customers can qualify for incentives and tax credits, ultimately reducing the price. It is also common for more recent models to be subjected to promotions, helping them receive better financing rates rather than a used purchase.

What Are The Advantages Of Buying A Used Lincoln?

If buying a new car is not within your venture, browsing a used Lincoln may help you save substantial money. Depending on your preferences, it is not uncommon for used vehicles to sell for half of their original value compared to their new counterparts. These lower prices can provide flexible financing and shorter repayment windows which will also mean paying less interest. These savings can even extend to your insurance costs. The insurance costs for these used cars are lower because they are at a lower price, especially older models. Therefore, you can expect to pay fewer monthly premiums, helping savings add up quickly. However, doing this does come with risks, including paying more for maintenance, which can alter savings when viewing used cars.

What Are The Advantages Of Buying A Certified Pre-Owned Lincoln?

There is one other alternative to choose when enduring the car-buying process. The selection of certified pre-owned vehicles is the middle ground between new and used, offering the quality aspects of a new car while having the price tag of a used one. For a Lincoln to bear the name of a certified pre-owned vehicle, it must undergo a rigorous 200-point vehicle inspection. Then they are awarded a comprehensive limited warranty, a vehicle history report, and 24/7 roadside assistance. Additionally, customers can access a full vehicle report, so you know the condition of the Lincoln before taking it on the road.

Why Should You Purchase A Vehicle From Malouf Lincoln?

The dedicated team at Malouf Lincoln is confident they can get you fit in the perfect vehicle while staying within your budget. We guarantee an effortless and engaging experience when you search for a new, used, or certified pre-owned vehicle and encourage customers to find out why we are the highest-rated Lincoln dealership in the area. If you have any questions, be sure to call us or schedule an appointment through our website. The team is ready to provide a hassle-free experience and customize your journey to ensure you leave the dealership in the car of your dreams.