Most people can’t afford to buy a brand new car because of the premium that is paid when the auto is not pre-owned.  This bothers a lot of people but in reality it does not make good financial sense to purchase a brand new car because of the instant drop in value once it has been driven off the lot.  If you buy a new car and drive it only around the block one time, if you try to sell it you will have to reduce the price by several thousand dollars less than what you paid for it 5 minutes before.  Buying a pre-owned or used car is a much better idea.

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