Submitted by jaydee288 t3_11azegu in personalfinance
samuel_clemens89 t1_j9uz6w0 wrote
If you’re looking to get another car in a few years (I don’t get why ppl do this) then a new car isn’t for you. If you plan to keep your car for ten plus years buying new is a great investment
Laura9624 t1_j9v6r2j wrote
I agree with. People usually do the opposite. A new car us great for me because I treat them gently, maintain them well. And certain vehicles don't lose value much.
bobniborg1 t1_j9vsw0z wrote
Yep, buy a Toyota/Honda and drive it for 200,000+ miles and then trade it in for another.
Also, when you stop making payments on it, pay that money into an account so your next car isn't financed.
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