True or False: Buying a used car generally involves more risks compared to buying a new car.

The statement that buying a used car generally involves more risks compared to buying a new car is indeed true. When purchasing a new car, buyers often benefit from warranties that cover potential defects and provide assurance about the vehicle's reliability. New cars typically come with the latest safety features and technology, which increases the likelihood of a dependable driving experience.

In contrast, used cars may carry a higher risk due to several factors. They often lack the comprehensive warranties associated with new cars, which means that any repairs or issues that arise after the sale will be the responsibility of the new owner. Additionally, the history of used vehicles can be uncertain; they may have been involved in accidents, neglected in maintenance, or could have underlying mechanical problems that aren't immediately apparent. Buyers must therefore conduct thorough inspections and may need to rely on vehicle history reports to gauge the condition of used cars. This additional uncertainty and the potential for hidden issues contribute to the increased risk of purchasing a used vehicle compared to a new one.