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[Infographic] Car Insurance Rates and Average Price of Car Insurance

Deciding between buying a new car and buying a used car can be tricky. The lower price tags on older vehicles can be tempting, but new vehicles have many advantages over used ones when it comes to economy, power, technology and safety.

Economy

While some older vehicles still do very well with gas mileage, it seems automakers increase fuel economy in their vehicles every year. New transmissions, direct fuel injectors and other improvements use less power and help save gasoline.

Power

New vehicles tend to have more horsepower than the same vehicle from an earlier model year. Advancements in computer-aided design maximize the vehicle’s efficiency and power.
Technology

Each year, it seems automakers add more standard technological gadgets to their vehicles. Bluetooth, iPod integration and other entertainment options are standard in many new vehicles, but they’re options you’ll have to pay for in older vehicles.

Safety

Automakers strive to constantly make their vehicles safer for drivers and passengers. New vehicles are more likely to have more standard airbags and more advanced safety features, such as electronic stability control and standard ABS.

Still not convinced that a new vehicle is the way to go? Other reasons for buying a new vehicle instead of a used one include:

• Better comfort and design: New vehicles generally have quieter interiors and higher quality materials.
• Fewer repairs: New vehicles have less immediate maintenance to worry about than used vehicles. They are also under warranty, so any necessary repairs shouldn’t cost you anything out of pocket.
• Better financing: Finance rates are usually lower on new vehicles than on used ones. Because of this, people with bad or no credit generally have an easier time getting financed for a new vehicle than for a used one.
• Protection: Many automakers offer layoff protection to keep you safe in this tough economy. They will usually let you return the car or make your payments for you if you lose your job. Used vehicles don’t generally offer this protection.

Performance Auto has a wide variety of both new and used vehicles to suit your needs. Once you’ve decided which type of vehicle is right for you, stop in any of our showrooms to see our selection!