When shopping for a new car, there are many questions you are probably asking yourself. One of the biggest questions is whether you should buy new or used. As the 2012 model year comes to an end, there are deals on almost every type of car. So the question is, which will give you the better deal for your money?

Video Transcription:

Well, shopping for cars certainly has changed but the basic rules remain the same, and that is to do a lot of comparisons. See on certain models you may find that a one or two year old car as a used car will cost almost as much as a brand new one. But in other classes of automobiles or other makes you may find that a two year old vehicle could save you twenty, thirty, even forty percent. So it comes down to doing your homework to see what represents the best deal. The other thing to consider is that if you’re buying the used car that you always want to make sure that you get a high quality extended warranty on that car so that you get the same coverage or better coverage then you would have on the new car.