
889: How to Buy a Car, Part 4: Decide on a New Car vs. Used Car
Radical Personal Finance
00:00
How Long Does It Take to Get a New Vehicle?
You want a vehicle that's going to have the maximum available life span for you. A new vehicle is most expensive in the first few years, from the depreciation expense perspective. The longer you keep a vehicle, the more that depreciation expense tends to balance out. And if you keep a brand new vehicle for a long time, the overall cost of ownership comes down a lot.
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