Real Ways for Small Business

10 Reasons Not to Buy a New Car

The debate on whether to buy a used car or new car rages on, with both sides justifying their choice vehemently. With the on going recession and the economy being down, we have a few more people jumping on to this side of the fence, where we like our good old cars. Here are my ten reasons for why buying a new car is not a great idea.

1. Necessity:

While many people live in areas that require some sort of motorized transportation, buying a brand new car right off the showroom floor is not necessarily a wise move. Once the ink is dried on the contract and the car is driven off of the lot, the value of the vehicle depreciates greatly, in some cases by half of the car’s worth. Buying a used car is more financially wise because the car has already had the “bugs” worked out of it. It ha Read all post…

Tags: Car, New Car