New vs Old vehicles

I don't believe that a new one is cheaper at all. I've had brand new cars, and I've had older ones. I think that the newer ones are somewhat more expensive. My reasoning is that with a brand new car, as soon as it leaves the showroom, it's value has gone down by a few thousand dollars (blue book value, even if it hasn't been driven!) Then there's the fact that insurance will cost more on a newer car than an older model. On an old car, you can do your own oil changes, or have it done someplace; with a new car, you MUST have it done at the dealership or it will void your warranties etc. (And we all know the dealership charges a whole lot more than other mechanics) Also, having a brand new car does NOT ensure that there won't be problems. Two different family members had their brand new car in 3 times for recalls on parts (which were dangerous), and had other problems with them. My elderly aunt bought a brand new car, very expensive model. She got stranded in the middle of nowhere 5 different times and had to be hauled back to the dealership. The car just quit while she was driving! It took them months to figure out what the car was doing, and they ended up giving her a whole new brand new car lol. Another aunt had a huge accident injuring lots of people, the problem was the gas pedal stayed stuck down (eventually that car brand had recalled all those brand new cars because of that problem.) I no longer purchase new cars, I find that with regular maintenance, my old cars have been extremely trustworthy and problem free. No more heavy bank loan fees, no more large dealership costs, and much, much lower insurance. So yes, I think owning an older model is much cheaper in the long run, at least for me it is!

Newer vehicles aren't really that grand when you really think about it. With anything that you buy, there are going to be a chance of problems. Not to mention, in this day and age, they just don't make cars like they used to. For one simple reason. They want you to buy a new car every five years, every ten years, because it is all about the money after all. And also, they mass produce a lot of the cars, trying to roll them out right at a quick manner, in an attempt to really get each and everything out and about for everyone to see. Older vehicles might have things wrong with them, but newer vehicles can break down just as easily. There can be some defect that was not caught for sometime, given the times that cars do get recalled fairly often.