>>14211217 >because you don't have the cash on hand to buy a good used one >don't have the time to save for years to buy cash >want a warranty >want a hassle free car (that even if there is a problem you get a free rental) >you get your car paid for by work (when I was in the corporate world they paid for the car, but there was a year restriction) >you don't visit /o/
>>14211462 >half Oh Come on now. They lose some "value" but it's not even close to half. Also the value in a new car is >it's brand new >you know everything about it >it has a full warranty >dealership will take care of you if car breaks >you don't want to deal with unexpected repairs on a used car and my other post ^^
>buys a brand new gt mustang $33k >thinks it will only sell for $16k with 100 miles on it
>>14218059 >But where is that money going? You're not actually owning anything, Whats it matter if I just want a good, reliable, new ford focus to DD in? I get to have a new car, drive it wherever, use it how ever much I want, and at the end of the payment term, you can either give the car back to ford and thats that, you can keep paying finance on the car and eventually own it once that's all paid off, or you can trade it in for another new model.
I don't know if ford in the US does this, but they do in the UK, and even on their used cars, not just new ones
>>14213494 I took out a 5g loan to buy a car even though I didn't need it. I only did it to get a good credit rating. If you've already GOT a good credit rating and can stand to wait, I'd personally wait until you have the full amount. But that's just me - I don't like being in debt where I can avoid it.
The 2014 and 2015 versions of the new vehicle I bought were literally $1500-2000 less and had 20,000 miles. That is shopping around private sale and dealers that I got that number... Going to spend $25k might as well spend $27k for a brand new one you know was never abused and has a good factory warranty that will last awhile.
It really depends on the brand and model though. Hyundai, Kia, other shitbox companies tend to depreciate super fast. While things like Jeeps and Subarus hold their value far longer. No, I did not buy a Jeep or Subaru.
In four years the worst thing that happened to my LeSabre was the Crank Positions Sensor died and the ignition timing was jacked up. I was able to drive it home no problem, and the part was 15$ and took me a half hour to install. I know plenty of people who have new cars that give them way more trouble than that LeSabre has given me.
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