New Vehicles - Disadvantages

• Generally a higher purchase price (and higher monthly payments) than for used cars
• Higher insurance premiums.
• Higher depreciation. New cars lose about 40% of their value within 3 years, at which point the depreciation starts to slow down.

Used Vehicles - Advantages

• Lower depreciation. If you buy a used car, the previous owner has absorbed the biggest or steepest portion of the depreciation cycle. You buy at the beginning of the low-cost part of the car ownership cycle.
• Lower purchase price and lower monthly payments.
• Lower insurance premiums.

Add to these the advantages of purchasing from a reputable dealer such as Marden Motors and the right choice is obvious.