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re: First Time Car Buyer - Update on page 4
Posted on 4/16/16 at 8:10 am to LNCHBOX
Posted on 4/16/16 at 8:10 am to LNCHBOX
quote:
What type of cars do yall like. Based on how long yall seem to keep cars, I'd lean toward buying new so that you have a full warranty and can pick the exact features you want.
My understanding is that economy cars are often times better bought new than used, as the financing rates are better, full warranty and used car pricing on these models isn't always a huge savings.
It's luxury cars that make more sense to buy used because of the ridiculous depreciation.
Posted on 4/17/16 at 7:53 pm to 632627
The savings difference might not be huge, but it's still cheaper to buy a family sedan used. See the link I posted a couple of pages back if you want to see the math.
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