Submitted by HokieEng t3_zixajs in personalfinance
Basically the title. Maybe due to some Dave Ramsay corruption, my brain tells me that buying a new car is the worst financial decision imaginable.
I hit a deer recently and my car will likely be totaled. I’ve been looking at used Honda Accords, but it’s hard to feel like I’m making the right decision when I noticed that the “delta” between used and new is less significant than I expected. My wife and I can comfortably afford either case.
Buy a new Accord for $30k, or spend $18k-$24k on a 2013-2016 model? Anything else I should consider before picking?