Buying a brand new car at 0% interested vs buying a used car

The Money Guy has really good advice for car buying - the 20/3/8 rule. Put at least 20% down, finance for at most 3 years, and make sure payments are 8% or less of your monthly income.

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Buying A Brand New Car At 0% Interested Vs Buying A Used Car

3 weeks from now

The Money Guy has really good advice for car buying - the 20/3/8 rule. Put at least 20% down, finance for at most 3 years, and make sure payments are 8% or less of your monthly income.

reddit.com

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Used Cars For Sale Near North Bergen, NJ Under $5,000

3 weeks from now

Feb 26, 2023 · Browse used vehicles in North Bergen, NJ for sale on Cars.com, with prices under $5,000. Research, browse, save, and share from 401 vehicles in North Bergen, NJ.

cars.com

FAQs about Buying a brand new car at 0% interested vs buying a used car Coupon?

Should I buy a new or used car?

If you're considering acquiring a vehicle, one of the most important decisions to make is whether you want to buy a new or used car. When shopping for a car, there are a number of decisions you have to make. One of the first and most important choices is whether to buy a new or used car. ...

Should you buy a new car from a dealership?

If you’re someone who knows what they want and is happy to pay (and wait) for it, buying a new car from a dealership allows for a multitude of options and a personalised buying experience. The car you buy will be exactly what you want. ...

Why should you buy a new car?

Many drivers like the idea of buying a brand-new car. They have the latest safety features and technology and are in pristine condition inside and out. Here are some of the biggest advantages of buying a new car: As automotive technology advances, cars are becoming more and more useful for drivers. ...

Should you buy a new car after 5 years?

If you buy a new car for $40,000, after five years, you will likely only get $24,000 when selling it. This might not be a concern if you plan to continue driving your old car as long as it runs. However, if you prefer to drive only cars that are less than five years old, then depreciation can be a significant budget-killer. ...

Should you buy a new car from an independent dealer?

For some brands – Toyota and Honda – that’s a good thing, but some brand’s service schedules are expensive, and a good independent offers a better deal. Mitsubishi is one company that will extend its warranty 10 years/200,000km if serviced at a dealer. ...

Are used cars better than new cars?

There are financial advantages and disadvantages to both new and used cars. Buying a new car means you may qualify for lower interest rates, and you may save on factors like maintenance and fuel costs, but a similar used car will be cheaper overall. Are used cars more reliable than new cars? No. ...