When you're deciding to buy your next car, you might find yourself questioning whether you should go new or used. You could also decide to go nearly new which is halfway between the two. A nearly new car is a new car, typically with less than 100 miles on the clock, but you will be the second registered keeper and you will not decide any of its specifications.
We have put together 17 reasons that might help to persuade you that a new car is the right choice for you.
1. It is Cheaper Than You Might Think
Most new cars are bought on finance agreements which means that you can spread the cost of paying for your new car over three to five years, so that your monthly payments match what you can realistically afford.
"But what about the big deposit?" you might ask. The answer is that there doesn't need to be a big deposit. There are a lot of finance offers available that will ask for a deposit of around £500; some will ask for a month's payment (which is typically between £150 and £250) and there are even offers where you will pay £0 deposit.
If you have a budget of less than £150 per month, you still have a range of cars available to you so that you can be driving around in one of the latest models, while still making payments that aren't breaking your bank.
2. Receive a Manufacturer Warranty
One of the biggest concerns about buying a used car is it's mechanical reliability. In theory, a brand new car should be mechanically perfect and not go wrong at all. Unfortunately, these things do happen and even new cars experience faults in their first few years. However, because you have bought the car from new, you don't really need to worry about this thanks to the manufacturer's warranty that will take care of many of the car's faults for free.
As standard, manufacturers will give you a three year warranty which is normally long enough to cover your finance agreement. Some manufacturers, such as Dacia and Kia provide longer warranties for their cars (five and seven year warranties respectively).
3. Get the Latest Technology
Technology is moving faster than we could ever have imagined with the dawn of autonomous, self driving cars just around the corner. Until then, to receive the most cutting-edge technology currently in production, you need to have the latest model. This includes built-in satellite navigation, using your car as a Wi-Fi hotspot and even quirkier introductions such as the new Citroën C3's ConnectedCAM that allows you to take photos and upload them to social media safely from the driver's seat.
4. Get Your Exact Specification
One of the main advantages to buying a brand new car is that you get to decide everything about it including body paint colour, the material and design of the seats, technology features, engine size and a whole lot more. Whether you just want to keep everything plain and simple or you want to express your personality with lairy colours, it is completely up to you because it is your car.
A lot of manufacturers have started to capitalise on a customer's desire for their car to reflect their personality on the outside and inside. As such, you can have two-tone body colours, different coloured wing mirrors and even colour details around your lights.
5. Show It Off
It is human nature to be envious of what other people have. When you have something new, you just want to tell everyone about it and show it off. In this time when social media is part of the fabric of everyday life and people share most aspects of their life, a new car gives you the opportunity to show off your new purchase that you will undoubtedly be proud of.
6. Less Expensive in the Long Run
Let's suggest that you have around £1,500 - £2,000 to spend on a new car. You might find one that is a really good deal in terms of price, mileage, etc. and that you are happy buying. But let's also suggest that there are some parts on the car that are nearing the end of their life. It could cost you more than that £1,500 - £2,000 in repairs within a three year period and you have to pay for the MOT and any servicing costs on top of that.
If however, you choose to spend that money as a deposit, or part of deposit on a brand new car, you would be paying out for it every month, but it would be the same amount every month which you have approved, you would receive a warranty and also be driving around in a brand new car which is a lot less likely to need expensive work carried out on it.
7. Free Servicing
This is not standard across all new cars but some manufacturers, Nissan for example, do offer three years free servicing on all of their new cars. Servicing your car is an important aspect of car maintenance and it helps to keep its resale value as high as possible. It is very unlikely that you would be offered free servicing with a used car.
8. No Need For MOTs
We all know that our cars need an MOT every year to check that it is safe to drive on the road. That is unless your car is less than three years old. The Ministry of Transport only requires cars to have a valid MOT certificate once they are three years old from their date of registration. This means that you can save at least three year's worth of MOT costs by buying a brand new car.
9. Keep the Old Road Tax System
As of April 1st 2017 the road tax system is changing. After a variable payment based on CO2 emissions for the first year, there will be standard charge of either £140 or £450 depending on if your car cost more or less than £40,000 to purchase. In the current system, your road tax was calculated by CO2 emissions and if your car produced 100g or less of CO2 then you could drive your car with £0 road tax.
If you are considering buying a new car in the next 12 months, it might be worth having one registered before 1st April 2017 so that you can keep the old tax system and save yourself around £280 in your first three years of ownership.
10. Stay Safer On the Road
Generally speaking, newer cars are safer than older cars. Of course, this is not always the case, but it is true that car safety features are always being invented, updated and improved, so it is more likely that the newer your car, the safer it is. Manufacturers have been developing technology such as Blind Spot Assist, Lane Departure Warning and Active Emergency Braking that can provide life saving support for passengers, other road users and pedestrians.
Vauxhall have developed their OnStar technology which offers a range of features including automatic crash response, 24 hour emergency call service, roadside assistance and stolen vehicle assistance to help you feel safer on the road.
11. You Are the Only Owner
This might sound stupid to actively point out, but it is a very valid point, especially when you compare buying a new car to a nearly new car. In order to receive the discounts of a nearly new car, it needs to be registered to the dealership that is selling it and they will become the first official owners of the car, making you the second owner. However, with a brand new car, you will be the only ever official owner until you decide to get your next new car.
12. Improved Fuel Efficiency
With every year that passes, car engine technology becomes more sophisticated and refined meaning that you can get more value for money every time you visit the petrol station.
In the long term, increased fuel efficiency means that you will spend less time filling up and ultimately less money. The newest diesel engines are cleaner than ever before and electric engines are beginning to offer longer ranges in order to quell 'range anxiety'.
13. No Unknown History
One of the biggest risks of buying a used car is that you don't know the car's history unless you hunt for the information yourself, or you have a very conscientious and trustworthy seller.
A brand new car has never been in an accident, has no wear and tear and has never been mistreated by another driver. It has only been driven off the production line and onto a transporter to your dealer for you to pick up.
14. Get Bundle Deals at New Car Sales Events
Manufacturers are desperate to meet targets, increase sales and increase their market share so they often host new car sales events where you can get the car you've had your eye on with some added extras for free. In order to entice you to buy a new car, manufacturers will offer a number of extra incentives such as free servicing, extra money towards your deposit contribution or attractive APR rates to encourage you to buy from them at that time.
15. Sync Your Smartphone With Your Car
This is not new technology, but Bluetooth capability is almost standard across all new models, so being able to connect your smartphone to your car is not something you will have to specifically look for in a new car. Staying connected on the road is nearly a necessity for all of us, so you can make and receive calls hands free as well as play your favourite music on all your journeys.
16. Part Exchange Your Old Car Hassle Free
Although this is not exclusively applicable to new cars, it is definitely something to bear in mind, especially if there is a hefty deposit attached to the car you want. Part exchanging is helpful on two fronts. It saves you time and hassle from having to sell your old car privately and it also gives you some equity to play with towards your new car purchase. Find out how much your car is worth here.
17. Be a Sheep and Follow the Crowd
While this is not sound life advice, it does have some stature in the case of buying a new car. 2016 saw record sales figures with 2.7 million new cars sold in the UK. It is expected for that number to decrease by 5-10% in 2017 as a result of the uncertainty of Brexit, but we are still looking at over 2 million new car sales this year which you could be a part of.