Reply to When will it be a good time to buy a car???

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Why would you buy a 3-4 year old one when you can get a new one for $30k? Just buy a new one unless you really really can’t afford it, but in the long run buying new will be more cost effective if you drive it into the ground. [/quote]

Op here- I know nothing about cars. I bought my Prius in 2010 and have been driving it ever since. Previous car I drove for 10 years. Is there a lot of extra fees and taxes for buying new? I always heard it was better to buy used, but right now maybe that’s not true? Please don’t flame me, I have only owned two cars. The first one my parents bought me and the Prius I way overpayed at a dealer. Right now there’s no deals on new, right?

Thank you so much! [/quote]

New cars tend to have better finance rates and manufacturer incentives. Any difference in taxes or fees is based on the value of the car, not new vs. used- i.e a 70k used car would have more taxes than a 35k new car. [b]Right now, the prices of new vs used are close enough that new makes sense if you plan on financing[/b] [/quote]

I disagree. Buying a 2-3 year old used car is cheaper almost all the time.
I just purchased a 2020 Rav 4 with 25k miles for $23k. The 2023 brand new model with similar option at the dealership was $32k
That's $9k difference. [b]To me this is worth it.[/b] The 2020 model with just 25k miles is like a new car. It's a toyota and I can keep it for 20 years. 
[/quote]

you do, many would disagree[/quote]

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