This question has led to as many internet flame wars as whether you should use conventional or synthetic oil. You pay more for a brand new car, but you get the peace of mind of knowing that no one else has ever owned the car, as well as a full factory warranty. This is worth a great deal, and it’s reflected by the fact that any new car depreciates significantly the moment it rolls off the dealer’s lot under new ownership. On the other hand, there’s a strong argument that it’s better to let someone else take this initial depreciation hit and buy a better used car than you can afford new. So which is better?
To read more check out: