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There was an analysis done by a respected frugal blog (can't find it now) on new v. used. From what I remember, the result was "new" only won if you intended t
by loumf 12y ago
There was an analysis done by a respected frugal blog (can't find it now) on new v. used.
From what I remember, the result was "new" only won if you intended to get a car and have it for a very long time. Eventually you could overcome the initial depreciation with decreased maintenance.
Obviously, there are a lot of assumptions, chief among them, that we were only talking about cars with good maintenance histories.
A lot of people would like to not have the same car for 15+ years -- they should get a used car.