Wants vs. Needs: Buying a second-hand car versus a new one

Tweet

Buying a used car can save you some money because they cost less and do not lose value as quickly. However, they might need more repairs and have some wear and tear. New cars are more expensive but come with the latest features and a full warranty. But they lose value quickly once you start using them. The choice depends on your budget and whether you prefer saving money or having a brand-new car. As for me, a used car will do just great as long it is well-cared for. As they say, it is not about the car but the one who drives it.