Is it Better to Buy New or Used? Accessible Vehicle Edition
Choosing between buying a new or used accessible vehicle can be a difficult decision. Each option comes with its own set of advantages and drawbacks, and the right choice will depend on your specific needs, budget, and circumstances. In this article, we’ll delve into the key factors to consider when making this decision.
Buying New
A new accessible vehicle offers the benefit of being in pristine condition with the latest features and technology. New vehicles typically have advanced safety systems, better fuel efficiency, and the latest comfort and accessibility features. These could include features like rear-view cameras, voice-activated controls, and advanced wheelchair tie-downs or lifts. Another significant advantage of a new vehicle is the warranty. Most new cars come with a guarantee that covers repairs for a certain period, giving you peace of mind.
Furthermore, financing a new vehicle can sometimes be easier than financing a used one. Dealerships often offer lower interest rates or promotional incentives on new models. For those who can afford the upfront cost, a new vehicle might seem the most convenient and appealing choice.
However, new accessible vehicles can be expensive. The high cost is not only because of the vehicle itself but also the modifications needed for accessibility. While certain adaptive equipment might be covered under the vehicle’s or even a third-party warranty, some changes could void the original manufacturer’s warranty.
Buying Used
Now let’s look at buying a used accessible vehicle. The most obvious advantage of a used vehicle is the cost. Used vehicles are significantly less expensive, and the same goes for accessible vehicles. Even after factoring in any necessary modifications or upgrades, you could still save money compared to buying new.
Additionally, the value of a new car depreciates rapidly in the first few years. By buying used, you avoid this initial depreciation. It means if you decide to sell the vehicle down the line, you may get a higher portion of your initial expenditure back. Allied Mobility is a great starting point – and they have both new and used wheelchair-accessible vehicles to peruse.
However, buying a used vehicle comes with its own risks. There may be hidden mechanical issues, and the vehicle might require more maintenance, which can add to the total cost. Also, the warranty on a used vehicle may be less comprehensive or non-existent, and getting financing might be a bit more challenging.
When buying a used accessible vehicle, it’s critical to have it inspected by a certified mechanic experienced in accessible vehicles. Also, ensure the modifications meet your specific needs and are up to current safety standards.
The Final Verdict
The decision to buy a new or used accessible vehicle is not one-size-fits-all. It depends largely on your personal needs, preferences, and financial situation. Take your time to research, consult with experts, and weigh the pros and cons of each option. If buying new, consider the long-term value and the benefits of having the latest technology and a comprehensive warranty. If buying used, think about the potential for savings, but also factor in the potential costs of maintenance and repairs. By taking a thoughtful approach, you can make the right decision for your accessibility needs and your wallet.