New Car vs. Used Car?: What a Salesman Will Never Tell You... Debt Free Bible

[BigUriel]

I lol'd @ 28000$ like that's a lot.

Americans don't know how lucky they are. In many european countries 28kUSD will buy you an entry level VW Polo.

[TheFreedebt]

great video

[CHARO562]

I disagree, I bought a new BMW paid $4000 below MSRP, You must know how to get a deal of course, any vehicle is depreciating asset! Why pay cash when you can invest that money into money market.

[fjones1914]

Does this go for motorcycles as well?

[CreditSecretsBible]

fjones1914,

Absolutely! If you buy NEW you will pay the MOST for depreciation of the asset (with few exceptions).

Some harley davidsons may be on of those exceptions.

[fjones1914]

Thank you!

[walrusmonger]

Great video! I would also suggest checking out used cars on sites like driverside (.com) to make the best used purchase decisions as well.