New vs. Used Cars: What’s the Best Choice for You in 2025?

Purchasing a car is one of the most exciting financial choices you'll make, and in 2025, deciding between new and used cars is especially important. Many Canadians are asking: Is it better to buy new or used in 2025? With car prices constantly changing, many financing options available, and advancements in car technology, taking the time to think through your choices is very important!

Whether you're a first-time buyer, a family eager for an upgrade, or someone looking to get the best bang for your buck, understanding the advantages and disadvantages of both new and used vehicles will empower you to make a well-informed decision choice.

In this post, we’ll break down the key factors you need to consider—cost, depreciation, warranty, technology, and availability—to help you decide the best option for you in 2025.

New vs. Used Cars: The Key Differences

1. Cost: Which is More Affordable?

When thinking about new versus used cars, the first thing that usually comes to mind is cost. New vehicles often have a shiny price tag, while used cars are typically much more budget-friendly.

• New Cars: New cars tend to be pricier than their used counterparts. By 2025, even with many manufacturers offering deals and promotions, a new car could cost tens of thousands of dollars, depending on the model.
• Used Cars: Used cars are generally much cheaper because they have already undergone depreciation. Depending on the age and condition of the vehicle, you can often find a quality used car for a much lower price. Plus, with the increasing availability of certified pre-owned (CPO) vehicles, it's possible to discover a well-maintained, nearly-new car at a fraction of the cost.

2. Depreciation vs. Resale Value

Depreciation (the loss of value over time) is an important factor to consider when buying a car, especially when considering a long-term investment.

• New Cars: It’s true what they say, new cars lose their value as soon as you drive them off the lot! A new car can depreciate by as much as 20% in the first year alone! If you are considering selling or trading in your vehicle after a few years, this depreciation can negatively impact your resale value.
• Used Cars: Used cars have already experienced much of their depreciation, so their value will decrease slower than a new car. Buying a used car means you’re not absorbing the steepest part of depreciation, which can significantly maximize your value for money.

3. Warranty and Maintenance

Buying a car should come with the comfort of knowing that repairs and maintenance are covered. That’s where warranties really shine through.

• New Cars: When you choose a new car, it typically comes with a manufacturer’s warranty covering several years or a set mileage limit. If anything unexpected happens, you’re usually taken care of with repairs and replacement parts. Plus, new cars generally need less immediate maintenance, so you can enjoy a smooth ride right from the start!
• Used Cars: On the flip side, used cars might come with a warranty, but it can vary. If the vehicle is relatively new and still under warranty, you could have that added peace of mind. If not, consider getting an extended warranty or being prepared for out-of-pocket repairs. Is this news not sitting great with you? Another bonus? Certified Pre-Owned (CPO) vehicles often have manufacturer-backed warranties, offering you the best of both worlds: the affordability of a used car and the reliability of a new car’s security!

4. Technology and Features

Now, let’s talk tech! In 2025, technology plays an even more essential role in our lives! With everything from advanced safety features to fun infotainment systems, the technology inside your vehicle can make all the difference when choosing the new vs. used cars!

• New Cars: If you crave the latest technology and safety features, buying new might be the way to go. Newer models are packed with the latest innovations—think advanced driver-assistance systems, touchscreen displays, smart navigation, and more!
• Used Cars: While used cars may lack the most recent features, many used vehicles still come with a surprising range of tech. You can find used cars from just a few years ago with excellent safety features and infotainment systems. You’ll need to do a bit of research to see which used cars have the features you want, but it’s still possible!

So, Which One is Right for You?

The decision between buying new or used ultimately depends on your budget, preferences, and priorities. Here’s a quick guide to help you decide:

• Buy New if:
  • You want the latest technology and features.
  • You prioritize a warranty and low maintenance costs.
  • You plan on keeping the car for a long time (so depreciation won’t hurt as much).

• Buy Used if:
  • You’re on a tight budget.
  • You want to avoid steep depreciation costs.
  • You’re open to slightly older models or willing to look for certified pre-owned vehicles for added security.

Both options have their merits when deciding between new vs. used cars in 2025. New cars offer the latest technology, better warranty coverage, and fewer immediate maintenance concerns, but they come at a higher price and depreciate quickly. On the other hand, used cars are more affordable, hold their value better, and still offer great options if you’re willing to explore CPO models.

At Go Auto, whether it’s new or used, we’re committed to helping you find the right car for your needs and budget. Whether you’re looking for a brand-new car or a quality used vehicle, we’ve got you covered with a wide range of options!

Our team is here to help determine what are the best-used cars to buy and we can also explore exciting new options if you're thinking about a new car! Let Go Auto assist you in taking the next step! You’ll love exploring our fantastic inventory filled with the latest deals, promotions, and car financing options tailored just for you!

PLUS, check out Go Auto’s New and Used Inventory to find the perfect car that suits your needs. BONUS, we have some exclusive deals for you, including the Spring Tire Swap and our special 3.99% used vehicle offer!