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re: How bad of an idea is it to buy a new car?

Posted on 11/29/14 at 3:45 pm to
Posted by barry
Location, Location, Location
Member since Aug 2006
50377 posts
Posted on 11/29/14 at 3:45 pm to
It depends on several things but IMO it depends on how long you keep your vehicles. If you like to get a new vehicle every few years. Then buying new cost a lot of money, if you keep your car for 7+ years then buying new isn't so bad.

My BMW was 22k cheaper than new with 26k miles on it and with a warranty. Obviously its a lot better to buy "luxury brands" used.
This post was edited on 11/29/14 at 3:46 pm
Posted by lynxcat
Member since Jan 2008
24213 posts
Posted on 11/29/14 at 5:25 pm to
quote:

My BMW was 22k cheaper than new with 26k miles on it and with a warranty. Obviously its a lot better to buy "luxury brands" used.


Other consideration is whether a model is being redesigned, especially if it is a higher end car.

I decided not to buy an Audi this year (new or used) because the remodel is happening next year to most of its line. These remodels happen ~6-7 years.
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