The Great Debate
One of the most frequent questions we get is whether to finance a brand-new car or a reputable used one. Both have unique financial advantages depending on your goal—be it personal comfort or business revenue.
Financing a New Car:
- Pros: Full manufacturer warranty, zero mileage, and the latest safety tech.
- Cons: Steep first-year depreciation (often 20% the moment you drive off the lot).
Financing a Reputable Used Car:
- Pros: Lower entry price, slower depreciation, and more car for your money.
- Cons: Higher maintenance potential and no warranty.
The Decision Factor
At Together As One, we finance up to 70% of both options. The key factor is the Market Value. If you are buying a used car from a verified reputable yard, it can be just as good an investment as a new one. We support your choice with the same 2% reducing balance rate, ensuring you drive what fits your life.