Category: New Car vs Used Car

While buying a new or used car, time plays a crucial role. If you need a new set of wheels in a hurry, you might not get a good deal, but if you have time and research well, we have a few tips for you.

However, the reality is completely different from what vehicle purchasers believe. The dealers only keep approximately a 7 per cent profit margin when they sell a new car. On the other hand, on used car proceeds, the dealerships hold 12 to 15 per cent profit.

People find car leasing an appealing option, but everything is not gold there. The option of new car leasing has its own pros and cons. So, you must know them in detail before falling in love with a vehicle and signing up a lease contract.