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While you are shopping around for domain names - there are two options to purchase them. One is to buy a brand new domain name and the other option is to purchase an existing domain name.
The best option really depends on your needs. If you have a brand new idea that has a unique name, then purchasing a brand new domain makes more sense but if you are competing against other big players online - you would be better off purchasing an existing domain name. Domain names have an age which makes a difference in search engine rankings. There is a high possibility that the existing domain name has reputation built already on the internet and has enough good backlinks which will help you boost your search engine rankings.
Our tool will help you find the domain age. You can use our Backlink Checker tool to find out if the existing domain name has any backlinks. The tool is fairly easy to use and it's available for free.