Published On: Mon, Jul 27th, 2015

What Drives More People To Getting Brand New Cars These Days?

There’s no denying that most of us need cars. These days, they are usually considered a necessity rather than a luxury. If you live in some place like the United States, cars can help you cover more ground quicker. Especially in areas with no public transportation!

Cars give us independence because we can go anywhere we want, whatever the time of day. And we don’t have to ask someone to take us anywhere; we can just get there under our own steam, as it were! When it comes to getting a car, we have two basic choices. We can either get a brand new one or a used model.

Car dealership

We all know that both options have their pros and cons. But, what you might not know is that there is a growing trend for people getting brand new vehicles! It’s an interesting fact considering the state of our economy these days. So, just what is it that drives people to get brand new cars instead of used ones?

Modern technology

Plenty of motorists want to drive around in vehicles that offer the latest gadgets and gizmos. Cars and technology go hand-in-hand these days; it’s a fact that is hard to avoid! Many people want to enjoy features like lane departure warning systems and parking assist. Even if a car is five years old, it’s likely it might not have such modern technology.

The one thing that appeals to car drivers is how technology makes driving convenient. For example, let’s assume you are the proud owner of an Apple iPhone. Many of today’s cars feature the Cupertino firm’s CarPlay technology.

In a nutshell, it uses the voice-activated Siri assistant to call, message and email on the go. You can even use it to stream your favorite tunes too! Using such technology means you don’t have to take your eyes off the road, or your hands off the wheel.

Affordability

On first reflection, you might be quick to assume that new cars are just out of reach for most people’s budgets. After all, which sounds cheaper: a $5,000 car, or a $30,000 one? The figures speak for themselves!

But, for most motorists, it’s all about affordability rather than the ticket price of a car. For example, let’s say that you wanted to get behind the wheel of a new Jeep Cherokee. You might think the high ticket price means you’ll never afford to have one. But, car dealers can convince you otherwise; let me explain!

The majority of car drivers cannot afford to buy a brand new vehicle outright. These days, it makes sense to lease them instead. As you know, leasing is just another word for renting. If you wanted a new car, you could “rent” it for three years or so.

At the end of that period, you could either buy the car by paying the outstanding balance. Or, you could give it back to the dealer and start again!

Some lease deals allow you to use the equity in your leased car as the deposit towards another brand new model.

So, it’s possible to keep getting a new car every three years for little outlay. The bonus here is that the monthly lease payments are affordable. After all; $200 or $300 a month is easier to find than a lump sum of $30,000!

Reliability

One concern that we all have when buying a car is how reliable the vehicle will be for us. The last thing we want to do is drive a car that is prone to breaking down on a regular basis!

Many of us can offer horror stories of how our cars leave us stranded in the middle of nowhere, so to speak.

New cars aren’t likely to leave you on the side of the road. The only time that will happen is if you forget to put some gas in the tank! Now, I know what you are thinking: what about manufacturer defects?

Well, that’s the brilliant thing about new cars. They all come with a generous factory warranty! That means if something breaks and the issue got caused by a faulty part at the factory, it would get fixed for free!

The only thing new car drivers need to worry about is getting their vehicles serviced each year.

Conclusion

As you can see, those are just some of the reasons more of us are getting rid of our clunkers and opting for brand new cars. They make financial sense, and they offer us peace of mind.