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I prefer to buy my car brand new, however it is true that once the car is driven out of the dealer you take a hit on depreciation. I have
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12-05-2010, 09:24 PM
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#12 (permalink) |
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A True Z Fanatic
Join Date: Nov 2009
Location: Not in Sunny Florida
Posts: 6,358
Drives: 16 Nismo w/Tech Pack
Rep Power: 4501   |
I prefer to buy my car brand new, however it is true that once the car is driven out of the dealer you take a hit on depreciation. I have never bought a car as a form of business investment, because 99.9% of the time you will lose money.
However, I always put down a good down payment plus I get a pre approved low rate (APR) loan before shopping or going to the dealer.
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