ST Alpha - "If you do the math, a decent econo new car will probably be cheaper than a used one" (Reading a Post)

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If you do the math, a decent econo new car will probably be cheaper than a used one

Posted by zeitgeist Jul 27 '09, 13:12

lower interest rate, often 0% and a better warranty and you get to keep it longer if you can.

dealers make a lot more profit on their used cars than they can on the new ones. usually 100% mark up

buy new with an extended warranty long enough to cover the time you will be making payments and you are set for your auto budget.

a used car will likely make you pay for repairs while you are also making payments.

used car sales hustles often leave you paying more than if you bought the car new.

Responses:

Maybe, but I think you missed the point of my original question. If the Cash-for-clunkers deal applied to used cars too, I would have been looking at - kelly Jul 27, 13:17 1
- LIR: the dealers will deal and make you think you are getting some kind of 4,500 gov money somehow -- nm - zeitgeist Jul 27, 13:21
depends. what if you don't buy it from a dealer? -- nm - loosilu Jul 27, 13:13

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If you do the math, a decent econo new car will probably be cheaper than a used one

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