boemMore Than 80 Percent Of Americans Can’t Afford New Cars
BizarrolandMy question is, what is the advantage of buying a brand new car? It loses 20% of its value when they hand you the keys.
I don't know about you people but I can't afford to take a $10,000 hit on a $50,000 purchase the instant I make the purchase, and anyone who can afford that isn't buying a $50,000 car
I’ve been looking to replace my car this year. The used cars I’m looking at (2-3 years old) are almost as expensive as the new cars. Maybe I will save $5000-7000 on it. So why buy a used car with dubious history?
Ember UshiThis is something I ask frequently. Who’s buying 2 or 3 year old used cars? If the previous owner didn’t like them after 2 years why will you?
The 10 year old used cars for $3000 total is where it’s at.
So for GM cars, they have a standard 3 year or 36,000 mile warranty. People would trade in their cars when the warranty expires. They’re might not be anything wrong with it, but they have the income to buy another new car and don’t want to deal with out of warranty repairs.
Tons of those 2-3 year used cars were a lease. It’s possible to find great deals with them.