Is It Better To Buy A New Or Used Car - What Is The Maths?
Part 2/2 - A User Request for a real analysis on getting a vehicle
Buying a new car gets a lot of hate on personal finance twitter & froogal communities. You will see a lot of gooroos talking about how they still drive a 2009 Toyota Camry or never owned a new car and that is why they can retire early. There is a lot of smugness about avoiding buying a new car, usually while pointing to the price differential between a new and used vehicle.
It all sounds good on the surface, but what does the maths really say? Is buying new always a worst deal than buying used?
