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Tag: New Car

  • Why Buying A New Car Is Cheaper Than Buying A Used Car?

    Why Buying A New Car Is Cheaper Than Buying A Used Car?

    For decades, nearly all personal finance experts have been advising against buying a new car. According to them, new cars cost more, depreciate faster, come with higher excise taxes and insurance premiums than used cars. But when I bought a new car for less than an average used car cost at that time, when the…