You do realize that as soon as you drive that car off the lot you get hit with a massive depreciation as much as 20% of the car's value and then it loses another 15 to 20 percent each year. What this means is you can buy a used car (from a reputable dealer) that's 2 years old and save 30% to 40 % off the new car value. Depending on the mileage you can save even more and if you buy from a certified dealer the warranty is often still in effect.
Answered by
pplcheryl63
at
Feb 12, 2010 12:07 PM