When it comes to the difference between buying a new and a slightly used car - is the fact that the moment you get your new car, it right-there-and-then depreciates enormously.   If you imagine selling this new car that you have just acquired immediately then you will know how much has been written off from the price your got it for.  And the only difference would be that the new car smells better.  And not only the depreciation value of a new car, a zero meter car will also incur other associated charges and subsequent cost not comparable to a used car.   Which means, that it is really not just the matter of the sticker price but what goes with it as well. 

Thus, the only benefits to buying a new car is the psychological satisfaction of bringing home a new car to show off to your family, friends, and neighbors which is such a fleeting or short term benefit.  When you take that out of the equation, what you get is both the short and long term benefit. Let me spell them out to you. 

Sales tax of a new car is a big issue because they are non-negotiable.  There is seven percent tax in New Jersey but this really depends on your state.  There are other fees for brand new cars collected by the New Jersey Department of Motor Vehicles. To learn more about car dealers, visit

 Next is the idea of depreciation value.  Let us take the example of buying a brand new car for a million dollars that you have been using for a year.  This value would be somewhere around six hundred to seven hundred thousand dollars instead after a year and a half.  This means that the amount of two year's depreciation of new car is enough to buy a two year old depreciated used car.  So after two years the value o your car would be equal to a two year old depreciated car, so why spend a million for a brand new one?  If you buy the two year old used car, you save around three hundred thousand dollars. 

The new features on brand new cars are responsible for making their prices soar but on your part if you buy a used car you can even have these same features installed by an after-market installer which can cost you a lot less.  You can find new features like protective coating, additional sensor, or new look features which you can find in after-market shops. Know more about the buy here pay here nj


Dealers charge is another thorn in one's side when you buy a brand new car, and this is especially true when it is bank financed.  For every accessory you want, some dealers over charge you and this will be added and spread out within the duration of your terms of payment with the bank. Check out used cars for sale nj.