New or nearly new? The three-year sweet spot
Why a three-year-old car often makes the strongest financial case.
Why a three-year-old car often makes the strongest financial case.
The steepest depreciation happens in the first three years. A car bought at that point has lost the money someone else paid for, usually still has service history and often a manufacturer warranty left. You get most of the newness for a good deal less of the cost.