Should I buy a new car?

 

Buying a brand new car to me is just way over priced. You can spend about 20 thousand dollars on a new car and have basically nothing but a cheaply made object on wheels. Buying a used car on the other hand you can still get that cheap object on wheels if you want, but for a lower price since that value of the car has already dropped after it was first bought.

Here is a article by wise bread on why you should not buy a new car:

  • The Obvious Reason — You’ll Pay More

  • Faster Depreciation and Negative Equity

  • You Get More for the Money Buying Used

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