new car vs used car

Whether you’re looking at buying your first car or replacing a previous vehicle, there’s one decision you need to make right away: new car vs used car? That one decision will determine, to a large degree, where and how you shop for your vehicle.   New Car vs Used Car Factors to Consider: While the financial factor of this decision isn’t the only thing to consider, it is a significant factor. Here are some of the basic financial assumptions involved in buying a car: A new car will cost more than a used car. The sticker price on two comparable vehicles, one new and one used, will vary significantly. A new car loses as much as 40% of its value in the first three years (about 15% of that in the first year), and you can expect to … [Read more...] about New Car vs Used Car – Which One is the Better Buy?