Why Buy a New Car?
Well the obvious reason you should buy a new car is you are the first person to drive it. You get the latest and greatest on the market and you get warranties from the manufacturer, as well as rebates, discounts, or special interest rates subsidized by the manufacturer.
Leasing is another reason people opt for new car. Leases make it possible for someone to get a nicer car at at lower payment. At my store we sell new Subarus and Mitsubishis. Subaru offers specials to it’s new car customers like the Maintain the Love program as well and the Guaranteed Trade In program. Mitsubishi offers loyalty rebate for customers who already own a Mitsubishi, Military Discounts and even 0% APR financing up to 7 years on certain models.
New Car FAQ and FYI
The downside is that your car will lose a significant percentage of it’s value in the first year you own it.