Buying used is just a better deal all around. The amount of 2 year old sub 20k mile cars available is huge and that’s such a small amount of their life. Most anything can last to about 150k miles these days. You can get even more out of them, but bigger maintenance costs are going to be more likely.
My current main driver is a 2020 Malibu. It’s fast, it’s sporty, it gets great fuel mileage, and I bought it secondhand. I let somebody else put the first 30,000 miles on the car and in exchange for that I paid like $12,000 less than the cost of a brand new one.
It was also like a year and a half old when I got it so it wasn’t even that old of a car. This is the first car I’ve ever had payments on, all of my other cars were bought with cash, and I still have the pickup that I got in 2008 in the middle of the crisis for $3,000 cash with 350,000 miles on the odometer and she runs great.
The only reason I don’t drive the pickup instead of this car is because it is slow and clunky and doesn’t get good fuel mileage and it’s an old beat-up pickup truck.
I also have an old jeep that is a project car that I’m working on. Paid cash for it, it cranks and runs.
Buying used is just a better deal all around. The amount of 2 year old sub 20k mile cars available is huge and that’s such a small amount of their life. Most anything can last to about 150k miles these days. You can get even more out of them, but bigger maintenance costs are going to be more likely.
My current main driver is a 2020 Malibu. It’s fast, it’s sporty, it gets great fuel mileage, and I bought it secondhand. I let somebody else put the first 30,000 miles on the car and in exchange for that I paid like $12,000 less than the cost of a brand new one.
It was also like a year and a half old when I got it so it wasn’t even that old of a car. This is the first car I’ve ever had payments on, all of my other cars were bought with cash, and I still have the pickup that I got in 2008 in the middle of the crisis for $3,000 cash with 350,000 miles on the odometer and she runs great.
The only reason I don’t drive the pickup instead of this car is because it is slow and clunky and doesn’t get good fuel mileage and it’s an old beat-up pickup truck.
I also have an old jeep that is a project car that I’m working on. Paid cash for it, it cranks and runs.
There weren’t even any new cars 2 years ago