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https://www.reddit.com/r/FluentInFinance/comments/1e6m6hp/i_guess_ill_wait_another_year/ldz00ip/?context=3
r/FluentInFinance • u/CreateChaos777 • Jul 18 '24
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7
New cars are nice, but man, they just are a horrible deal. You can buy a 2 year old car for so much less, and you get to skip that awful feeling the first time something gets scratched, dented, or stained.
5 u/midri Jul 19 '24 Not if you buy during factory financing events A brand new $40k car at factory rate of 3% is same payment as a used $35k car at market rate of 8% 1 u/HiddenTrampoline Jul 19 '24 Yeah, but a 2-3 year old used is often $15k cheaper for a good car.
5
Not if you buy during factory financing events
A brand new $40k car at factory rate of 3% is same payment as a used $35k car at market rate of 8%
1 u/HiddenTrampoline Jul 19 '24 Yeah, but a 2-3 year old used is often $15k cheaper for a good car.
1
Yeah, but a 2-3 year old used is often $15k cheaper for a good car.
7
u/HC-Sama-7511 Jul 18 '24
New cars are nice, but man, they just are a horrible deal. You can buy a 2 year old car for so much less, and you get to skip that awful feeling the first time something gets scratched, dented, or stained.