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Reply to "Why buy a 2 to 3 year old used car when they're so close in value to brand new?"
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[quote=Anonymous]I mean, this is only a problem right now. Normally, the 2-3 year old model with 30k miles will cost 20% less than the new car. Plus a lot of people finance cars and are not looking at the sticker price but the monthly cost, and knocking 10k or more off the sticker price can make that more manageable. It's just that right now used cars are super rare and it's driven the cost of them all way up. So right now, I'd just buy the new car. Or, I'd just wait a year or two to buy a car to see if the situation on used cars improves. If it does, then I can get an almost-new car at a pretty good discount from MSRP. And if it doesn't, I'll buy a new car. I don't finance cars ever so that doesn't factor in for me.[/quote]
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