Image by Thomas Hawk via Flickr
It’s an age-old decision when shopping. Used, or new? At least, it’s been around as long as someone had the bright idea to resell a lightly (or not so lightly) used product. In a way it’s a trace of the old barter economy, insofar as one gives up something one does not need (the used product) to get something one does (money – not so much from the barter system).
The question is especially pressing when it comes to cars, one of the most expensive commodities. There’s a massive industry in used-car sales, and for good reason. Whether through brilliant design or serendipity, or both, most cars last longer than people need them. When cars are properly maintained, they can keep on going for years and sometimes decades; rarely do people’s own transportation needs stay so consistent. A couple might have children and discover they need a minivan to accommodate the additional passengers, or maybe those children are all grown up and it’s time to reduce to something smaller.
In any case, as a buyer, the advantages of used vehicles are many. Shopping around, one can find a vehicle in great shape with minimal wear and tear for much cheaper than a new vehicle would cost. On the other hand, there’s no denying the excitement of being the first owner of a brand-new vehicle. It’s a costly pleasure, though. One has to decide how much that new-car smell is really worth. For most people with limited resources, it’s not worth the sticker price, and they go with used. Many have an ambition to buy a new car at least once, though.




