New Cars vs Used Cars – Which one to buy?
Are you looking to upgrade your vehicle? Whether you’re looking to purchase a new or used vehicle, we’ve got you covered. When deciding to upgrade to a newer vehicle, there are many things to consider, such as gas mileage, safety features, the environmental impact of the newer vehicle, and finances.
Things To Consider When Buying A Car
The most important thing to do when starting your vehicle search is to put together a budget and decide how much you are willing to spend on a new vehicle. This will help you to decide if you can afford a new vehicle or if a used vehicle will be a better match for your budget. You will also want to decide whether to purchase a new vehicle or a used vehicle, and which type of vehicle you are looking for.
Sedans are popular vehicles for families or singles. If you are looking for a midsize sedan, the Toyota Camry might be of interest to you. The 2015 Toyota Camry was the most popular vehicle sold in 2014. If you are looking to purchase a used vehicle, the 2008 Toyota Camry might be a wise choice. Aside from the cost and several upgrades, the 2015 Toyota Camry is still fairly similar to the 2008 Toyota Camry.
The 2015 Toyota Camry starts at $22,970 and comes with 10 standard airbags, plus vehicle stability control (VSC), anti-lock brakes, (ABS), brake-force distribution (EBD), brake assist (BA), and smart stop technology (SST). It gets 28 miles per gallon, or 25 city miles and 35 highway miles.
Your new Toyota Camry will save you approximately $158 per year on gas when compared to the 2008 Toyota Camry. At 28 miles per gallon, the average person driving 15,000 miles per year will spend $1,312 on fuel with a new vehicle and $225 on an older vehicle that gets 25 miles per gallon. Learn more about fuel economy here.
Another advantage to purchasing a new vehicle is that newer vehicles require oil changes less frequently than older vehicles. Newer vehicles should have oil changes every 5,000 miles but older vehicles should have oil changes every 3,000 miles. With a new vehicle, you will spend approximately $135 per year on oil changes compared to $225 yearly on an older model.
Purchasing A Used 2008 Toyota Camry
Even though you may spend less on gas and oil changes when purchasing a newer vehicle, a used vehicle also has some benefits. The average price of a 2008 Toyota Camry is $11,000 and comes with 7 standard airbags, anti-lock brakes, (ABS), brake-force distribution (EBD), brake assist (BA). It gets 25 miles per gallon, or 21 city miles and 31 highway miles.
Your used vehicle may cost you more on car repairs and maintenance fees, but you may spend less overall. Plus, a new car will depreciate as soon as you drive it off the parking lot.
Vehicles can certainly leave a negative impact on the environment, which is why fuel efficiency is so important. Approximately 80 percent of a vehicle’s environmental impact is due to fuel consumption and emissions of air pollution and greenhouse gases.
From an environmental standpoint, the most important thing to look for when upgrading your vehicle is a vehicle that gets better gas mileage than your current vehicle. However, building and creating a new vehicle creates as much carbon pollution as driving it, so the most environmentally-friendly thing to do would be to keep your old vehicle until you can no longer use it anymore, or purchase a used vehicle that is more fuel-efficient than your current vehicle.
Thankfully, 75 percent of today’s average vehicle can be recycled, but the consumer has the ability to make an environmentally-smart choice when purchasing a vehicle in the first place. Whether you choose to upgrade to a new or used vehicle, be sure to recycle your current vehicle and allow it to be recycled and reused to build new vehicles.