Buy a New Car vs Used Car: 5-Year Cost Breakdown

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2026-11-13 15:46:09 -

Buy a New Car vs Used Car: 5-Year Cost Breakdown Key takeaways A 3-year-old used car usually wins on five-year total cost because the first owner absorbs the steepest depreciation. Sticker price and monthly payments mislead; only a line-item comparison of depreciation, financing, insurance, and maintenance settles the question. Used car loans carry higher rates, but the smaller loan...

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