Deciding to buy new or used is the first step towards buying your next car. Your budget is likely to play a big part in your decision, but it’s worth remembering that both methods have their merits. Buying new means you’ll benefit from the peace of mind of a manufacturer’s warranty, which should last for at least three years. You’ll also get to specify your car exactly to your tastes and needs, but remember that you’re almost always likely to lose more money in the long run than if you bought used, due to depreciation. If you’re thinking of buying new, our guide to the slowest depreciating cars is worth a look.
