WebThe (inflation-adjusted) difference between buying a new $30k car with a loan every 5 years versus buying a used $15k car with cash every 10 years and saving/investing the difference is north of $500k over 40 years. Not being millionaires yet ourselves, sticking with used vehicles is the obvious choice for us.
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WebFeb 22, 2024 · As car prices remain high ( more than $49,300 in January 2024), leasing a new vehicle remains an alternative. However, according to Experian, one of the credit … Web1 day ago · The national average for all new car sales over the last year was 8.8% over MSRP, so these are significant markups. ... making this a terrible time to buy anything big. A poor economy always ... WebMay 5, 2024 · Take a look at two similar cars, one new and one used. New-car depreciation: You buy the car for $30,000 and sell it three years later for $15,000. The … chiropractor for curvature of the spine