re: I would like to spend 30k on a new car

quote:

---

quote:
new cars are the dumbest way to spend your money. you're just throwing away half the value when you go to sell it.

That hasn't been true for 20 years.

---

I agree. The incentives on a new car vs a used model a year older outweigh the 2k or 3k savings.

For example, my wife got a brand new car with 0% financing while the used model we looked at was 4k less but the loan was a 2.9% loan. So I basically would have paid the same amount for a new car in the long run