If you’re looking to upgrade your vehicle, your heart may be set on purchasing a brand new car. We see the appeal; there is a certain level of comfort and satisfaction in knowing you’re the first person to drive the vehicle in question. However, an attractive alternative you may not have considered is a nearly new car. But what constitutes a nearly new car? And what are their benefits? The team at Meridian has compiled this in-depth guide to answer all of your questions.
What is classed as a nearly new car?
The term ‘nearly new car’ usually applies to a vehicle that has been on the road for less than two years. Whilst the vehicle will have been used before, you will be the first driver to spend a serious length of time behind the wheel. Many nearly new cars are ex-fleet vehicles that were previously used for commercial purposes on a short-term basis, or dealer demonstrator vehicles that have been driven by numerous individuals.
What are the benefits of buying a nearly new car?
Purchasing a new vehicle is a significant investment that requires careful consideration. If you’re thinking of choosing a nearly new car, they offer a myriad of benefits, including:
Competitive prices - Purchasing a brand new car comes with a premium price tag for the privilege of being the first owner. However, the car’s value drops rapidly as soon as it is first used. When you buy a nearly new car, someone else has already owned it and experienced that depreciation. As a result, they tend to be a more affordable option.
Full service history - When you buy with Meridian, we’ll provide a comprehensive service history of your vehicle to ensure that you always receive a superior product that you can rely on for years to come. We also undertake a very detailed cosmetic and 155-point mechanical check before we approve any vehicle for retail, so you can be sure that the car you are purchasing meets our exceptionally high standards.
Cutting-edge technology - When you buy a nearly new car, it is usually fitted with the latest vehicle technology that would normally cost a substantial amount to install independently. This allows you to get the features and performance you want without breaking the bank.
Warranty - When you choose Meridian, all of our vehicles feature the balance of the manufacturer warranty, which is typically a further two years. We will always ensure that we provide you with at least 12 months warranty on the car.
Should I buy a new, nearly new or used car?
The question of which kind of vehicle you should buy entirely depends on your needs and budget. If you have a limited budget, a used car may be a more suitable option for you. However, it’s important to ensure the car is in good condition to avoid costly repairs down the line.
On the other hand, if you prioritise luxury and advanced features over affordability, a new car might be a better choice. It’s important to keep in mind that new cars depreciate at a rapid level, so you’ll likely pay more upfront and may not receive as much money back upon resale. However, a nearly new car can offer a great compromise between the two, providing all of the high-end features and technology of a brand new vehicle for a fraction of the price.
When is the best time to buy a nearly new car?
Number plate changes occur twice a year, in March and September. During these months, many consumers look to upgrade their vehicles to the latest model with the newest number plate. Therefore, prices may start to decrease following this as companies look to reduce their old inventory and make room for new vehicles.
It may also be prudent to check out the vehicles left at the end of each quarter; sometimes these may be offered at a reduced price to clear stock. However, when you use a reputable company like Meridian, there is no bad time to purchase a vehicle — we offer the best nearly new car deals all year round.
Here at Meridian Vehicle Solutions, we have a wide array of nearly new cars for sale, all available to view at our showrooms in Chesham and Hemel Hempstead. Our knowledgeable professionals have a wealth of expertise and can provide advice on the best vehicle for your needs. We offer a fast and efficient delivery service to homes and businesses nationwide so that, no matter where you’re based, we can provide you with a quality vehicle in no time.
Get in touch with our friendly team today — we’re always happy to answer any questions or provide additional information.