Re: Pros and cons of buying a new car or nearly new car?
We have a 2017, a 2003, a 1999 and a 1976 vehicle.
Buying new can make financial sense if you keep the vehicle at least 10 years and have a large down payment/short loan so you are never "upside down" in the loan.
---------- Post added at 01:38 PM ---------- Previous post was at 11:48 AM ----------
I've also read that minivan owners tend to drive then until the wheels fall off. There is a shortage of used minivans with low mileage. They are not necessarily competitively priced.
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