In a lot of cases you can get a much better interest rate on a loan if you’re buying new, not to mention full warranty term.
In Australia id be lucky to get a 10yo Hilux for what Id pay for one of the brand new Chinese pickups, Id get about 5% better interest rate and a full 5 year warranty. Given that I can do some leasing stuff through work, I also cant lease a 10yo vehicle.
To be fair, if you’re worried about spending a lot of money, maybe you shouldn’t be buying a brand new car.
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Because some people have to buy new cars for the used car market to exist. If the prices of new cars get too high, how will we get cheaper used cars?
In a lot of cases you can get a much better interest rate on a loan if you’re buying new, not to mention full warranty term.
In Australia id be lucky to get a 10yo Hilux for what Id pay for one of the brand new Chinese pickups, Id get about 5% better interest rate and a full 5 year warranty. Given that I can do some leasing stuff through work, I also cant lease a 10yo vehicle.
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