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Are you buying a new car or a used car, which is more profitable?

Buying a car certainly requires careful consideration to suit the needs of its riders. Generally there are two options for those of you who want to own a car for the first time This time, that is to buy a new or second car. What are the advantages and the downsides as well as which one is suitable for you? Let's check them one by one.

Are you buying a new car or a used car, which is more profitable

New Cars

Of course, there are various benefits to buying a new car. Unlike buying a second car, You don't need to check the condition of the car one by one because the new car is of course has passed the test from the factory inspection and uses components the latest whose service life is still long, so there is minimal risk of damage. Also Some manufacturers also still provide warranties if there is a defect production.

In addition, some manufacturers also providing free service for every purchase of a new car, such as Honda which provide free service up to 4 years / 50,000 km, so consumers only incurring costs for parts.

Then, other advantages of Buying a new car is a relatively more affordable insurance premium Cost. This is because new cars are at lower risk of experiencing damage, so the premium price offered also tends to be cheaper compared to if you apply for insurance for a second car.

Finally, in terms of practicality transactions, the purchase of new cars also tend to be easier due to the process the manufacture of plates, BPKB and STNK has been taken care of by the dealer. It's different by buying a second car, where you need to do a name flip of previous car owner.

Second Car

On the other hand, buying a second car is also has several advantages especially for those of you who want a car with more affordable cost. Second cars certainly have a cheaper price compared to buying a new car, which can be adjusted to your budget. However, you should set aside your own budget to make repairs because there may be some components that need to be repaired when you buy second car.

In addition, price depreciation in second cars Certainly lower than new cars. The average depreciation of a new car can be reaches 10%, then increases to 20-25% in the first year. Meanwhile, depreciation in second cars is smaller, usually by 9-12% in year.

Then, the tax charged for second cars is also more low compared taxes on new cars. But don't forget to pay attention to progressive taxes, because if you have more than one The car then the tax imposed will also increase.

So, is it better to buy a car new or second? If you have enough budget and want to have a car that is still guaranteed quality and minimal risk of damage, then buy A new car is the right choice. Special from January 1 – March 31, 2022, the government extends PPnBM waivers so you can own a car new at affordable prices, such as Honda Brio Satya, Honda Brio RS and Honda Mobilio E CVT. But if you want a car at an even more affordable price, then the second car can be used as an option.

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