Should I Buy a New or Used Car?

Buying a car is a big decision; in fact, it’s probably one of the most significant and expensive decisions you’ll make. So it’s important to get it right based on your lifestyle and budget. There are many things you must consider when setting out to purchase a car. One of the key questions you should ask yourself is: “Should I buy a new car or a used car?”  

Of course, that’s not the only question you need to ponder. To really nail down the right vehicle for you, you’ll want to find answers to the following “Qs”: What car best suits your needs? How much are you prepared to spend? Are the latest features and gadgets important to you? Do you want more basic transportation that is reliable and easy to maintain?

Sound a little daunting? We don’t blame you. To ensure you have an easier time making the right choice, we’ve broken down some of the main differences between buying a new car vs.buying a used car. 

2021 Honda Insight for Sale


Benefits of Buying a New Car

You’ll Get The New Car Warranty 

While some used cars come with a limited warranty — or you can purchase a warranty at an additional charge — buying a new car assures you that you are getting the benefits of the full new car factory warranty.

For instance, new Hondas are covered by several warranties, including:

  • New Vehicle Limited Warranty – 3 years/36,000 miles
  • Powertrain Limited Warranty – 5 years/60,000 miles
  • High Voltage Battery Warranty – 8 years/100,000 miles
  • Seat Belt Limited Warranty – 15 years/150,000 miles
  • Rust Perforation Limited Warranty – 5 years/unlimited miles
  • Several accessory & replacement item warranties – speak with a Honda dealer near you

You’ll Pay Less To Finance 

Most banks and lending institutions look at the car’s value to determine how much you’ll pay to finance it. A new car from your South Florida Honda Dealers is generally easier to finance because the banks are financing a new vehicle that will hold its value longer.

It’s Your Car Right From The Start 

There’s something about being the first to buy something new. Nobody else has driven your new car, and that intoxicating “new car smell” is just for you. You also don’t have to worry about your car coming with any hidden problems from previous owners.

You Can Have It Your Way 

In the unlikely event you can’t find a new Honda that exactly suits your tastes at one of our Honda dealerships near Miami, you can order one that has everything you desire. Simply request an online quote or speak with a salesperson at your preferred Miami-Dade Honda dealership.

You’ll Have The Most Advanced Safety Features 

All of today’s new Hondas come equipped with Honda Sensing™, which includes some of the most advanced active safety features you can buy. You won’t find some of these features on some older used car models.

Let’s take the new Accord, for example. Its base Accord  LX comes standard with:

Collision Mitigation Braking System

CMBS helps bring your Honda to a stop by automatically braking when the system detects a frontal collision is inevitable. 

Road Departure Mitigation System

RDM determines if you cross over a road lane without signaling. If you do, RDM provides gentle steering assistance back to your lane or brakes to keep you from driving off the road.

Adaptive Cruise Control

ACC allows you to set a pre-determined following distance behind a detected vehicle. If that vehicle stops or slows down, ACC will stop and slow down to match that distance. Once traffic continues to move, just tap the throttle and the system will continue to maintain that speed and follow distance. 

Lane Keeping Assist System

LKAS subtly adjusts the steering wheel to keep your vehicle centered in the lane.

Traffic Sign Recognition

TSR displays information from traffic signs to assist you while in motion. The camera recognizes common signage, like speed limits, and pushes them straight to the Driver Information Interface or optional Head-Up Display. 

You’ll Get the Latest In High Tech 

Connecting to today’s high-tech world is a must-have for many car buyers. When you buy a new Honda, you’re getting some of the latest “infotainment” technology around, including Bluetooth® Streaming Audio, USB ports, Wireless Apple CarPlay and Android Auto, and HondaLink™, an exclusive app that brings your smartphone’s capabilities to your Honda’s 7-inch touchscreen display. You may not get these many new technology features in an older car.

You’ll Get Better Performance & Fuel Economy 

Each year, automakers such as Honda are pushing the boundaries of performance and fuel efficiency, creating powertrains that offer excellent performance without sacrificing fuel economy. 

Case in point is the Honda Insight hybrid, which gets an EPA-estimated 55 city/49 highway mpg* while still achieving spirited performance.



Benefits of Buying a Used Car

You’ll Pay Less For A Used Car 

The biggest incentive of buying used is that you’ll pay a lot less for a pre-owned car. With our Honda Certified Pre-Owned vehicles in South Florida, you can get a car that’s a couple of years old but still in “like-new” condition, with a great warranty, often for thousands less than you would pay for a new car.

You’ll Have More Choices 

Our Honda dealerships in South Florida have a vast selection of premium quality pre-owned vehicles at a variety of price points to suit your particular budget and lifestyle needs. You can visit a car lot near you or shop our dealerships’ used car inventories online.  

You’ll Pay Less To Register & Insure A Used Car 

Florida bases vehicle registration fees on the type of vehicle and its model year. You could, therefore, save money on your registration fees when buying a used car vs. a new car, due to its age. 

This is normally the case with auto insurance rates, as well; because your used car isn’t as high in value as its newer counterpart, you’ll pay less to cover its replacement cost.

A Used Car Is Already “Broken In” 

Most pre-owned vehicles, even the best of the bunch, have some cosmetic imperfections. So you won’t have to worry about getting that first paint chip or parking lot door ding.

A Used Car Is Already Depreciated 

The moment you drive your brand-new car off of the lot, it begins to lose value. However, when you purchase a used car, the previous owner has already absorbed most of the vehicle’s depreciation.  

Make Lower Monthly Payments

If you need to finance your vehicle — and let’s be honest, most people will take out a car loan — a pre-owned car will be better for your budget. You can oftentimes pay half the monthly auto loan payments by choosing a 5-year-old model over its brand-new sibling. 

As always, however, you need to take into account any dealership offers and finance specials, as well as your estimated APR, to ensure this is the case. Speak with your auto financing experts for advice.

Make The Right Choice At Your South Florida Honda Dealers

Regardless of what choice you make, the sales professionals at our Honda dealerships near Pompano Beach and up and down the South Florida coast will help guide you toward making the correct vehicle purchase. Whether you’re looking for a new Honda in Miami or a used car for sale in Greenacres, your South Florida Honda Dealers are ready to serve. 

Browse our current Honda offers and locate your nearest store to get started. 


Disclaimers: 

2021 Insight MPG 55 city/49 highway/52 combined mpg rating for LX and EX trims. 51 city/45 highway/48 combined mpg rating for the Touring trim. Based on 2021 EPA mileage ratings. Use for comparison purposes only. Your mileage will vary depending on driving conditions, how you drive and maintain your vehicle, battery-pack age/condition and other factors.