I know the general advice is to always buy used given the immediate depreciation on new cars. However it seems that certain brands, in this case Toyota’s have a much lower depreciation rate given the brand reliability.
So my question is. Given the three inputs, 1. A Toyota 2. Plan to keep the car for the full life of the vehicle (200K miles +) 3. Will pay with cash. Does it ever make mathematical sense to buy new vs used? Pros and cons of each or in the end in the extra cost for new minimal?
Thanks!
Submitted March 30, 2018 at 06:11AM by Bwayne07 https://ift.tt/2E7gSg9
