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889: How to Buy a Car, Part 4: Decide on a New Car vs. Used Car

Radical Personal Finance

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The Condition of a Used Car Is Crucial

You could keep any vehicle going, driving on the road indefinitely, if you're willing to replace all the components. You do reach a cross over point where i don't want to keep that 19 50 car going. The condition of the used vehicle matters massively, much more so than the new car. If they've been deferred, then you might wind up facing a whole bunch of expenses to fix a whole lot of stuff at the previous owner just put off and deferred.

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