Benefits of New Cars

By Jacob Joseph

Owning a new vehicle brings pride. Not only are you the only person that has owned the car, you have purchased a vehicle with the exact features you want. These are a few of the major perks of buying a new car. Listed below are some more advantages of buying a new vehicle.

Less maintenance required
New autos do not demand as much maintenance as used cars do. There will be no need for tune-ups or oil changes for the first several thousand miles of ownership. Also, you won't have to replace tires, brakes, batteries, etc. for an extensive amount of time. In fact, it is very common for car manufacturers to cover the replacement costs for these car parts for the first couple years of car ownership.

Extensive warranty coverage offered
The warranty plans that come with new cars are excellent! It is typical for manufacturers to offer warranties the offer coverage for the first three years of ownership. These types of warranties protect you from any mechanical issues that arise, with the dealer or manufacturer paying for the repairs involved.

Availability of 'GAP' insurance
You can buy 'GAP' insurance when you buy a new car. Suppose your car is totaled or stolen, this type of insurance will pay you the difference between what one would owe on a vehicle and what an insurance company says its worth.

Lemon Law protection
New vehicles are protected by their respective state 'Lemon Laws'. This means that you will be entitled to a brand new car, or a full refund, if the new car you buy turns out to be a lemon (does not function properly).

Roadside assistance
It is very common for new vehicles to come with some sort of roadside assistance program. Usually this package is free for the same amount of time as your manufacturer's warranty is good for. Roadside assistance is great if you ever lock your keys in your car, if you break down, or if you need any other sort of help. You will be provided with a toll free phone number that you will be able to call 24 hours/day, seven days/week. A mechanic is typically sent out to your aid within minutes of your established contact. If your car is being repaired, Roadside assistance packages will also provide you with a 'loaner' vehicle at no charge if your car is being repaired.

New auto financing loans have lower interest rates
As a result of lower interest rates compared to used cars; you will save money over the life of a new car loan.

In conclusion, the benefits of buying a new automobile are plentiful. However, buying a used car offers different kinds of benefits and savings. You will have to evaluate what your needs are and determine which type of car purchase is most appropriate for your needs and preferences

Jacob Joseph is a financial expert for http://www.starloanservices.com. At Star Loan Services you can apply for a bad credit auto loan for any make or model of new or used car.