Help me decide how to finance my vehicle purchases. I need to get two cars for my family. Could be new, could be used. I want both of these cars to have very high safety ratings. Everything else doesn't really matter. I could pay cash for two new cars, but that just seems stupid to do on a depreciating asset. Is the best course of action to find two used, yet reasonably new cars and pay cash? What if we like having new cars? Should we just lease two new vehicles? I have read that the best course of action is to buy a used car and drive it into the ground. That's great, but what if I leave the country again in 5 years. And do I really want to be driving around in a Hooptie in ten years. How do I approach the whole buy new / used, lease issue.
posted by jasondigitized
on Aug 10, 2011 -
I am in the market for a new car. Does anyone have some remarks on Pro’s and Con’s of buying new vs. used? I am looking to replace my 95 Subaru wagon which was totaled last weekend. I am considering buying a used Subaru outback (99-04) range or a new 05 outback. Some Pro’s I see for buying used are price obviously, Con’s being unknown history, no warranty, won’t last as long etc. Pro’s of buying new would be Warranty, one owner etc. Anyone else have some insight on these pro’s and con’s and maybe what else should be taken into consideration?
Also, I read a thread a while back about tricks to prevent overpaying at the dealer for a car, anyone know where that is?
posted by retro88
on Jun 28, 2005 -