That’s the stupidest thing I’ve ever heard. A high quality used car beats a new car for value 99 times out of a hundred. The only exception being the weird out

That’s the stupidest thing I’ve ever heard. A high quality used car beats a new car for value 99 times out of a hundred. The only exception being the weird outlier that is rare and desirable enough to appreciate in the two years after sale. If you can spot those you already know more than me. (The Toyota Tacoma springs to mind) Look at prices for 20 year old cars. Find the cars tha have the highest resale value (avoid the ones that fall off a value cliff). Then find that one like that but five or ten years old, avoid the three main things that go wrong with that model and you’ve got a stable, reliable car that holds its value well. Maintain it and keep it clean. Drive it for five years and you’ll be able to sell it for almost what you paid for it, it’s basically free to drive for five years. This is called the value plateau. If you like it just keep it, the high value at 20 years means the maintenance costs are minimal. I’m currently driving a car that’s worth about as much as it was when I bought it 3 years ago. I’ve got a car I bought 8 years ago that’s worth more than I paid for it. Compare that to a $70k new car that is worth $20k five years later. Buying new cars is a suckers game. (Thanks to all the suckers for buying them because otherwise there’d be no used car market) Publishing an article saying new and used are comparable is idiotic at best.