August 13th, 2020 by

When you’re in the market for a car, you have a decision to make. Do you buy new or used? There are pros and cons for each, so you should know what they are before deciding. At Kelsey Chevrolet, we have an inventory of both new and used cars for you to explore. Plus, our friendly sales staff can answer questions every step of the way.

The Cost of the Car

Your budget is going to be an important factor when buying a car. Do you have a particular model in mind, such as a Malibu or an Impala? Whether you’re buying Chevy or not, the cost of a car can vary dramatically. Depending on how old and how many models a car has, some used cars can be half the price of a new car.

Regardless of whether you buy new or used, though, you don’t have to pay for the car with cash. You can choose to finance.

Financing Options

Financing a car will allow you to pay monthly payments. You can even put money down to reduce the monthly payments. At Kelsey Chevrolet, we can run the numbers on any car you choose – new or used. It will make it easier to know what you’re working with. If you’re not sure what your budget is, our finance department can help you.

When it comes to financing, you will have more options with new cars. You can buy or lease. Additionally, you can often set the terms for longer, allowing you to spread out the cost over more years.


The depreciation of a car is something you have to consider. Once you drive a new car off the lot, it depreciates almost instantly. It’s because it went from being new to used. Used cars won’t have as much depreciation since they are already used.

Depreciation doesn’t matter if you’re planning on holding onto the car for quite a few years. However, if you think you’ll want to get a new model in two or three years, it may be harder to recover the full value of what you paid. It’s something to consider as you’re shopping.

Insurance Costs

You should always think about what it’s going to cost to insure your car. You can always get quotes from an insurance company, even before you buy. New cars will be more expensive, in most instances, because they are worth more. It will cost the insurance company more to replace it if something should happen.

Used cars don’t require as much coverage, either. For example, if you are financing or leasing, lien holders will often require you to have comprehensive and collision coverage. This is optional in a used car.

If insurance costs are a concern, be sure that you get a vehicle that has some of the latest and greatest safety features. Then, do some comparison quotes on a few models you’re considering.

Overall Variety

The moment you step onto the lot at Kelsey Chevrolet, you may be overwhelmed by the variety. Within the new inventory, you’ll find an array of models, colors, and trim levels. Within the used inventory, you’ll find an array of makes, models, and model years.

You have to decide what is most important:

  • Model
  • Color
  • Seating
  • Features (safety tech, sunroof, leather upholstery, etc.)

Once you know what features are important, it’s easier to navigate the inventory. Buying used can offer you the higher trim levels without spending more, assuming you’re okay with a model that is a few years old. This is why the budget will help to play into whether you should go new or used based on what features you want.

Buying used will also give you a greater variety only because you’ll have access to more model years of the same model. It can give you more choices between models and even colors.
You’re never on your own, though. Our sales team will ensure you know what your options are.

Ultimately, you have to be happy with what you decide on. The features you want in a car and the budget you’re working with will have an impact on what you buy. With our help at Kelsey Chevrolet, we can ensure that you get a great deal. Stop in or call for an appointment so we can help you with buying a new or used car today.