It depends on the terms of the deal, and how quickly a new car would depreciate. Most of the time new cars drop in value fast, but we're in a weird market. Bought a car right before the covid mania started, and last year the dealer was offering to buy it back from me for the same price I paid for it. It's impossible to predict the future, so you've got to figure out what risk you can live with.
It depends on the terms of the deal, and how quickly a new car would depreciate. Most of the time new cars drop in value fast, but we're in a weird market. Bought a car right before the covid mania started, and last year the dealer was offering to buy it back from me for the same price I paid for it. It's impossible to predict the future, so you've got to figure out what risk you can live with.
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