Better to Buy Cars New, Used, or Leased?

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Are you serious? Cars that lose 40% of their value 'immediately'? You mean you could buy a $30,000 car, and it's worth $18,000 in the first year? Tell you what, if you find me that deal, tell me and I'll buy it. I'll even give you a 40% commission.

You say depreciation doesn't matter if you buy new and never sell. Not true. If you can buy a 1yr old car for 75% of new but it gives you 85% of the new cars total miles over it's lifetime, then the used car is still a better option.

I notice you don't happen to provide any examples. "The financial experts"? Who? This is just lazy journalism. I know it's the web, but if you're going to do something, take the time to do it right.

Captaindash of AZ 10:52AM March 09, 2013

Sometimes people who need a new vehicle may not have cash to outright purchase a used car, can't get a car loan for a used car but might qualify for a new car lease, which could require little money down and convenient monthly payments that would be lower (by quite a bit) than new car payments.

Marsha fielding of WA 10:59PM September 29, 2010

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