New Car vs. Used Car
Are you wondering, “Should I get a used or a new car in 2022?” A new car offers several benefits. It guarantees a reliable, fuel-efficient vehicle with a brand-new warranty to cover any initial repairs.
Unfortunately, freshly minted cars also cost a pretty penny and are pricey to insure. Dealerships frequently offer special financing to entice buyers to linger in the new-car section of the lot. For many purchasers, a used car offers a more practical financial option.
A used car’s advantages include its significantly lower purchase price and insurance costs. Higher mileage and limited options prove challenging aspects to consider when seeking a used car that would suit your needs. Whether you choose a new or used vehicle, the Sierra Blanca Motors team can help you determine the right vehicle for you in 2022.
Do Your Research
Researching new and used vehicles gives you vital information to help you make a prudent purchase. Be sure you understand pricing for truck upgrades, extra safety features, and other new car inclusions. Used cars may require repairs or have certain titles.
Learning about the financial side of used and new car purchases will help you understand vehicle taxes and closing fees. Note the features you like and establish your needs when researching.
Consider your must-have features to match your lifestyle and the convenient or aesthetic perks. Your final decision may require sacrificing certain aspects for more necessary ones.
Determine Inventory & Availability
The pandemic’s supply chain disruptions created shortages resulting in fewer new car productions in 2021. The recent vehicle shortage has increased their demand and value. Inflation boosted new car prices by nearly 9%.
Considering the lack of new cars, consumers flocked to used vehicles. Since the pandemic, used car prices have increased by 40%.
New car inventory shortages and decreased availability of used cars mean you’ll pay more now than if you waited a year. Your search could limit you to less popular vehicles, high mileage cars, and repair-needy vehicles.
Based on all these factors, the team at Sierra Blanca Motors is here to make sure you find the best vehicle for your needs in today's market.
Determine Your Budget
Your budget determines your purchasing power. Consider the following expenses and ensure your budget meets requirements for:
- Car insurance
- Down payment
- Gas and oil
- Maintenance
- Repairs
- Taxes
Making multiple budgets can distinguish your initial costs from your monthly expenses. If your budget doesn’t allow an upfront purchase, you’re not out of luck.
Most dealers offer financing to facilitate your purchase. Leasing may be better for those looking to ensure they’ll have a properly running car after the lease’s expiration. Determining your budget with these factors will help you know which vehicles are in your buying range.
What Are Your Needs?
Your vehicle is part of your daily life; therefore, it should suit your particular lifestyle. The following questions will help you establish your priorities for purchasing a new or used vehicle:
- What type of vehicle do I need? Consider your transportation demands. Do you need a car, truck, SUV, or something else? Establish which vehicles fit your family’s size.
- What vehicles match my lifestyle? Do you need a vehicle with great gas mileage for long work commutes or a powerhouse for hauling heavy loads? Consider your lifestyle, then research vehicles that meet your needs and recreational preferences.
Ruidoso Car Dealership | Sierra Blanca Motors
When buying from Ruidoso car dealerships, at Sierra Blanca Motors you’ll find a trusted dealership that can match you with the right vehicle. Whether you choose a new car or a used car, the Sierra Blanca Motors team gives every customer the same high-quality service. As a family-owned and operated dealership for over 50 years, we strive to make your car-buying experience stress-free.
Sierra Blanca Motors is your leading Ruidoso car dealership. Our knowledgeable professionals are informed about many different manufacturers and can help you find the best model, no matter your requirements. We assist you throughout the entire buying process and answer all your questions.
Still wondering, “Should I get a used or a new car in 2022?”. The experts at Sierra Blanca Motors in Ruidoso can give you specific advice.
Our team will help you find the perfect new or used vehicle and answer your questions. Contact our dealership today at (575) 315-0145.
