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Car Buying
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True or false: A used car will always cost you less overall than a new car.

Correct

There are lots of variables that determine that actual the cost of a car, and it’s difficult to predict.

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Which will lose value faster, a new or a used car?

Correct

New cars begin losing value immediately, and lose a larger amount quickly.

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Key Takeaways

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Knowing what questions to ask is the first step in getting a car. That’s why, with a little research and a little planning, you could be on your way to making the right decision.

  • Crunch the numbers on choosing between a new or used car
  • When you’re planning, remember to include less obvious costs, like insurance and gas
  • Find out if financing might be right for you
  • Consider that leasing a car could make the most sense for you