If you’re in the market for a car, you may be wondering whether you should buy a new or used car. If you have bad credit, you may also wonder how your credit will affect your ability to buy.

A New Car?

Who doesn’t like the idea of a brand new car? Very few people would deny it. You get the latest technology, a squeaky clean car inside and out and a new car warranty. Not to mention that great feeling of knowing you’ve got the latest model.  But is a new car really a good idea? Think of the equity you will immediately lose the minute you drive that new car out of the dealership. Can you afford to lose money just like that? Is it worth it?

If these considerations mean something to you, then you might want to opt for a quality used car instead. There are several good reasons to consider a used car. For one, you will save money. The purchase price of a used car will be lower than that of a comparable new car. Insurance rates will also be lower for used cars. New car parts also tend to be more expensive. These factors and many more make buying a quality used car a better bargain.

The Advantage of Buying Used

As you can see, there are several advantages to considering purchasing a used car. There are many used car dealerships to consider. If you have bad credit, try a buy here pay here car lot, but do your homework first to make sure you deal with reputable dealers only. There are several nationally known buy here pay here dealerships. DriveTime, for example, offers inhouse financing for the purchase of used cars and will work with practically any credit.