A new car shouldn’t give you gears, and when it does, there’s the manufacturer’s warranty to fall back on. The point is, you know that if you fill it with gas and perform routine maintenance, the car should get you from point A to point B. Can you say that about the oldie-b...
But even more important ishowyou buy the car. And the best way tobuy a car is with cash(as in,withouta car loan). We know, we know. That might sound crazy, especially if you’ve always had a car payment. But a car loan is themost expensive way to buy a car! The average inte...
Pros and cons of buying a used car Buying usedmight fit better if you want to save on the initial purchase, monthly payments and insurance. But it may require you to adjust your list of wants for your next ride, research the car’s history and spend extra funds to maintain the vehicle...
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Should you buy a new or used car? Here are the pros and cons of each, and how to decide which is right for you
Learn the top pros and cons See answers to common questions Start now Resources See all How to find amazing online car deals in Canada Are you trying to figure out how to get a great deal on a new car? Canadian drivers have a lot of options when it comes to purchasing a new vehicle...
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Cons: All other things being equal, a new boat costs more than a used boat – often a lot more. And just like a new car, a new boat will instantly lose 10-15% of its value the moment you take it off the dealership lot. New boats depreciate fastest over the first few years of ...
The advantage ofbuying a new carvs. a used car is that new cars generally come with a warranty. The warranty should cover most major problems and repairs that crop up in the first few years of ownership. However, most new cars will require very few repairs in the first few years, so ...