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Should I buy a new or a used car?
Calculating the differences.
Posted 6 years ago by
Manga
in category:
interesting
Comments (2)
DaveJoyce
- 6 years ago
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It's not complicated. Just buy a used car no younger than 5 years old with *cash*. If you absolutely must finance part of it, find someone who'll offer zero interest for 24 months or something like that and pay it off as fast as you can before interest kicks in. Just accepting that you'll always have a monthly car payment will ensure you waste a lot of money on cars through the years.
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Ch1ll1ng
- 6 years ago
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With the resellvalue considered its nearly the same in his example but if you would get interest on the unused money you would be much better off with a used car.
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