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re: First Time Car Buyer - Update on page 4
Posted on 4/12/16 at 10:35 am to tlsu15
Posted on 4/12/16 at 10:35 am to tlsu15
quote:
A car purchase is just one piece of the puzzle here. I understand the pros of buying a new car under warranty, but I can buy a certified pre-owned with a warranty for 75% of the sticker price.
I just don't understand this logic. If a new car fits your budget then why buy used? I could shite in a box and put Certified on it. Now you just have a Certified shite box. If you have other expenses coming down the line then why not buy a car that is going to last longer? You'll generally have to replace a used car sooner than a new one.
Posted on 4/12/16 at 10:42 am to NewIberiaHaircut
Because a new car DOESN'T fit the budget. I said my max budget was $20,000 and then everyone comes on here and says spend $4,000 more and buy a new car. I would do that if I could. The reality is me and my wife are both in entry level jobs right now in the first year of our careers and we started at basically zero. The good news is we currently have zero debt and live comfortably within our means to save money. I understand buying a used car might get me 6-7 years of use instead of 10-11 that a new would probably provide, but I also won't be working for entry level pay in 6-7 years.
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