WebUsed car prices are pretty inflated right now, so that depreciation hit isn't that big at the moment. My folks were shopping for 1-3 year old hatchbacks, but are now going new because those used cars were only a few hundred bucks less than a new car and buying new offers the flexibility of 0% financing so they can deploy that cash to more useful … WebOct 25, 2024 · If we’d bought a new car (or a low-mileage used car) in order to avoid maintenance costs, we would’ve spent $15,885 in order to save $1,108. Even I can tell that math doesn’t make sense. *this is the cost of a new Prius in 2016 ($24,880) minus what we paid for our used Prius in 2016 ($8,995)
Compare Costs: Buy New Car vs. Used? - NerdWallet
WebJul 3, 2024 · The average price of 5-year-old car is $23,110, saving you a bit more than $5,000. Buying a car that is only a few years old , compared to one that is a decade … WebJun 8, 2024 · Tesla Model 3. Tesla. Base price, new: $38,690. Price difference: $923/2.1 percent. The Model 3 is one of California’s most popular cars. It’s quick and fun to drive, … hdfc bank deposit interest rates
High-mileage cars: should you buy one? Auto Express
WebJun 4, 2024 · In Summary. There are some decent, reliable 10-year-old used cars out there. But finding one requires serious digging. You might think twice if the car’s owner … WebA car will depreciate to half of its original value in 3-5 years, so you will lose roughly 25% of MSRP on your 1-2 year old car within 1-2 more years. ... Last year I bought a 2012 Mazda 3 iTouring for $14,000 with 21K miles. I still think buying a 1-2 year old car is definitely better option than buying a completely new car, but I would also ... WebDec 19, 2024 · Overall, five Toyotas made the top 10 list of best 5-year-old used cars for the money, also including the Camry, Corolla and Avalon. The report looked at 10-year-old models priced between $9,000 ... hdfc bank designation list