I Have Only Bought One New Vehicle in my Entire Life
By Jim Bauer
@porwest (110598)
United States
August 25, 2024 11:32am CST
I buy used vehicles, and that has mostly been the case for my entire life. The only time I broke the "rule," if you want to call it that, is shortly after I got out of the navy and the car I had blew up.
Well, not literally. But it did blow a head gasket.
I bought a brand new, 1996 Geo Metro and paid about $10k for it. It had 17 miles on it which included my short test drive.
The thing is, I never saw the value of buying new. A vehicle will lose 20% of its value the minute you drive it off the lot anyway. A vehicle purchase is not an investment. And often, provided you look for them, you can find some amazing deals on used vehicles that are low miles, potentially have some warranty left on them, and you get an immediate discount.
So far as I am aware, I do not ever intend to buy a new vehicle. Maybe if I win the lottery or something. Maybe then. But even then I am not sure what purpose it would serve.
Do you buy new or used?
8 people like this
8 responses
@lovebuglena (48113)
• Staten Island, New York
25 Aug 24
Yes, they lose their value over time but a new car means less likely having something break down and having to do repairs.
2 people like this
@lovebuglena (48113)
• Staten Island, New York
3 Sep 24
@porwest usually new cars don’t need to be fixed unless you get into a big accident or something.
1 person likes this
@2ndchances24 (11058)
• Cloverdale, Indiana
25 Aug 24
We haven't never bought a new vehicle cause we have
never had the chance to, we have always bought a used
1 that we get a good deal on where we could get it paid off
& we drive it till it's too old to drive another mile, the newest
1 we've had is the 1 we have now & that just happened
while I was in the hosp cause the other 1 went bad, so
hubby had to have something to drive back & forth 1 & a
1/2 hrs to & from the hosp every other day, he got a lot of
good benefits out of it too.
1 person likes this
@2ndchances24 (11058)
• Cloverdale, Indiana
13 Aug
@porwest When you live on a budget & not
get over your head it's the best way to go.
1 person likes this
@LindaOHio (205102)
• United States
26 Aug 24
My first car, a Plymouth Valiant was used; and I think we bought a used van once. All the rest have been new. We drive them till they drop. I like the idea of getting a clean car. Have a good week.
1 person likes this
