Buying an Affordable New Car

A new car is a major purchase and finding one that is affordable is not as difficult as it may sound. There are several makes and models of affordable new cars available on the market. Hondas, Toyotas, and Nissans are all known to be affordable, long-lasting and reliable vehicles. These new cars will also retain their value for many years and provide reliable transportation well into the future. It is also more affordable to purchase a new car after the latest model year is released and dealerships are eager to move the previous year's inventory. There are also various rebates available throughout the year that are worth looking out for. The purchase of a new car need not be an expensive undertaking if the purchase is well-timed. Read on for more information about buying an affordable new car.

Frequently Asked Questions ( 8 )   Add a Question

  1. Which new car is the most affordable?
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    The Nissan Versa S sedan is the least expensive new car currently available. This model is also known to be reliable and long lasting although the resale value is not as high as some other models. The Chevrolet Spark and the Smart For Two Pure round out the top three least expensive cars currently available.

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  2. Will the color of the car affect the price?
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    New cars have many standard options that are included in the list price and some other options that can be added to your car at an additional cost. The majority of affordable new cars are available in a standard range of colors that do not require any additional cost.

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  3. Are four-door cars less expensive than coupes?
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    Rather than model type, it is usually the brand that drives the cost. There are many affordable two and four-door cars that are less expensive than their counterparts from a different make of vehicles. When purchasing a new car, it is key to select one that will meet all transportation needs for the longest possible time.

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  4. Do affordable cars come with features such as sunroofs and seat warmers?
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    The most affordable cars available on the market today come with very limited features. However, it is possible to purchase a car with add-ons such as sunroofs, backup cameras, seat warmers and the like, but these items will increase the overall cost of the car.

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  5. How important is the resale value of a new car?
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    New cars are known to depreciate fairly quickly and purchasing one that has high resale value is always a good idea. Certain makes, such as Honda, Toyota, and Nissan retain their value for quite some time. These makes are also known for their longevity and can continue running for well over 100,000 miles.

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  6. Is it possible to buy a new car without trading one in?
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    Yes, new cars can be bought outright without a trade in. Trading in a used car at the time of purchase can lower the overall cost of a new car, but it is not necessary to have a car to trade in. Purchasing a new car is less expensive with a trade-in but it is still possible to buy one without trading in a previously owned car.

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  7. Is it difficult to get financing when buying an affordable new car?
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    Financing is dependent on factors such as the credit history and income of the purchaser. It is always a good idea to secure financing prior to making a purchase decision, as buying a car within budget is the best course of action. Auto loans are available from banks, many credit card companies, and from the dealership itself. It is a good idea to compare interest rates from a number of different lenders prior to purchasing a new car.

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  8. Is it better to buy a new or used affordable car?
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    The decision to purchase a new rather than a pre-owned car is impacted by many different factors. When looking for an affordable car, it is important to also consider the cost of repairs on of a pre-owned vehicle. A new car will also provide dependable transportation for a longer period of time than used cars.

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