If you are a parent who is thinking about buying a brand new car for your teenager, you should know that buying a used GMC for sale might be a better choice. Of course, there are some advantages to buying a brand new car for your teen, such as the fact that the car may have the newest safety and tech features. However, you might find that the pros of buying a used car for a teenage driver makes it a better choice. Here's why.
1. It's More Affordable
For one thing, you should think about how much it will cost to buy a brand new car for your teen. Whether you are the one who will be making the payments or if your teenage son or daughter is going to be helping, the costs can be quite expensive. When you have a teen in the house who might need money for things like sports, graduation, a yearbook and college applications, a brand new car could cause too much of a financial pinch. Then, when your teen goes off to college, things could get even harder. If you buy something that is used, however, you can keep costs down so that your family has money in the budget for your teen's other needs.
2. Insurance Costs Will Be Lower
Another thing that you should think about is how much you will have to spend to insure your teen's car. Insurance can be expensive for teenagers no matter what type of car they drive, but you can expect for costs to be even more expensive if your teen drives a new, expensive car. One good way to help keep insurance costs down when your son or daughter is a teen is to choose a used car.
3. Your Teen Could Get in a Wreck
The truth is that teen drivers who do not have any experience can be more prone to getting into some type of accident. Of course, ensuring that your teen gets plenty of practice driving and setting rules about things like not texting and driving is important. However, fender-benders can still happen for inexperienced drivers who are still trying to get used to being behind the wheel. If your teen is in a used car when this happens, the cost of repairing the car could be a whole lot more affordable. Plus, you won't have to worry as much about the value of the car going down due to the accident, which can be a bigger concern with a new, expensive car.