The Surprising Truth About Buying New Vs. Used Cars
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- Опубликовано: 26 сен 2024
- Should you buy new or used cars? What about SUVs? Should you buy used for the cheaper price tag, or should you buy new for the initial high reliability? Today, I'm going to explain why you should only buy used cars and SUVs today.
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Great job …. detailing the benefits of having one of the best car minds in the industry
Thank you very much. I have always lived the car lifestyle including sales, auctions, buying, repairing and driving
This is so true. Two years ago I bought a 2012 Lexus ES 350 with 75,000 miles on it for $17,000 and last year I bought an Acura RDX 2014 for $19,000 with 49,000 miles on it. I got two luxury cars for the price of one cheap new car. They have been repair free and a joy to drive.
For sure, there is so much value in buying used especially when finding a reputable brand that is reliable, it can still run for years. Great Bang for Buck
I bought an 8yr old Honda CRV and to me it’s the newest vehicle I’ve ever owned, I will drive it till the wheels fall off.
Great vehicle, good luck. A friend of mine always buys Honda for him and his wife
That's the time Honda's 1.5 turbo GDI oil dilution engine was introduced into the Civic & CRV.....hope u got the n/a engine 😬
Yes.... either that or till you lose your license... in Mexico, you can still drive it without a license... it's Mexico where all things go...lol
Same here I brought a 01 Yukon SLT for a steal!! Had to do minor things still cheaper than financing a vehicle.. It's a gas hog but who cares!! The overlords want to choose what we can drive!! Don't even get me started on this electric vehicle scam!! 🇺🇸 1st 4ever
You dont need to have the wheels fall off.. you can just maintain the vehicle and the wheels will stay on lmao
6 months ago I bought 2015 Mercedes S550 with 80K miles for $28K , new today this same car would be $170.000 , about a month ago I bought 2016 Porsche Cayenne Diesel with 70K miles for $27K .. my payment for the S class is around $540 and Porsche is $280 … I put some cash down , and I service and maintain my cars at my local mechanic shop … exp. had water in my headlight on my Cayenne , dealer asked $4500 to fix it , I took the headlight out , dried it with blowdryer , resealed it with silicone , and bought new ballast on eBay for 100 bucks ,and voila …
I buy new as much as I can. I have been fortunate enough to have bought my last 5 trucks new. I want a warranty and I always feel safer with the maintenance also. I know exactly what has been done when.
Your points however are totally valid.
@RedPanda_______ that has always been my thought. I leased one for 3 years while the others I have kept for 8-10 years. I also never just walk into a dealer and “pick” my truck. I ask the dealer what truck they are trying to get rid of because it has been around to long. So I don’t get color or even all the option toys but I have always paid well below MSRP.
I usually would go for a used car but with prices today it almost makes no sense. The car I am buying soon is Lexus IS 350. Used with 40k miles the car goes for 43k-45k, new it costs 48k so I'll go for new
Yes the biggest reason for going g used now are the literal ripoffs on the new car market plus all extras just means there is great value picking something used
@@ECPPYou wrote yes, but you're disagreeing.
Stop ✋️ walking around that Mercedes....you're making me dizzy! 😂
Haha sorry
But you need to be careful. If you buy a car that’s a year or two old they will only drop the price a few thousand dollars and by the time you add in higher interest rates on a used vehicle you might pay more than you would have paid buying it new.
You are right there is always the sweet spot and a 1 year old car is not it
Thanks for your truthful narrative about the downside of complexity the clueless public doesn't understand.
Yes you are very welcome. Manybused cars are simply too good to ignore.
I bought a 9 year old Lexus GS350 that has about every option for $15,000. No rust, no crashes. I found the original sticker in the glovebox and it was $57,000 new
Honestly, how can a person go wrong with that
I am still driving my 2013 GS350!! I walk out to the parking lot sometimes and double take that it is my car, soooo pretttttty. So fasssst.
Hmmm!! I just post a question for this gentleman,asking for a advice,and now I feel,this video,its in response to my advice!???? I like this guy. Its something special when he speeks. Blessed🙏🏼
Thank you very much for watching and supporting. Have a wonderful week.
@@ECPP thank you for the attention,its an Honor having you answering. Thank you. Love and respect ur work. Glad to find ur channel
I drive a 2013 Acura TL SHawd with only 62K miles since new. .Just did the timing belt, water pump, spark plug service. Good again for another 80K.. This car has never had a check engine light let alone needed a tow in 11+ years. Also just installed a brand new JVC touchscreen stereo with handsfree Andriod Auto!. Let the idiots spend 60K+ for a daily driver.
There’s my car in your thumbnail!! I have a W204 C350 in the controversial Mars red paint colour!!
Currently bombing around in a 2013 Golf with 160k on it as my day to day,. Paid cash for it, the car owes me nothing. No payments on a depreciating asset, life is good, I sleep well at night!!
Mars red is the best color! I wish they’d bring it back.❤
@@elaineg7443 Google ‘Mars red Mercedes paint’ and read about the class action lawsuit. It is the best colour but it’s definitely never coming back lol
@@Canadian_Gamerdang :(. I have seen some with peeling clear coat. Mine has always been garage kept so the paint is still perfect.
@@elaineg7443 Mine has always been garage kept but yep there was a successful class action lawsuit against Mercedes in the USA, The stone chips are brutal on it, you can see the white primer like it’s nobody’s business!
I've always heard the most expensive vehicle is an inexpensive german car.
That’s very true but a slightly and lightly used car can be a huge win with a bit of warranty and well taken care of can be an enjoyable experience.
Excellent discussion. Your videos over the past few years have been helpful as I have upped my car experiences. Your information was helpful when I went and bought a '07 CLK 350 Cabriolet and the known engine issues. Great car, great buy! My most recent buy, a 2016 E400 Coupe Mercedes also a great buy. Only 32km on it, got it for $30k! Perfect mix of luxury and sport in a pillarless coupe!
Thanks Dave very much. Really appreciate that. While I strongly focus on reliability, value retention, problem areas and great buys, I truly live the motto life’s too short to drive boring cars and so I feel buying a lightly used luxury or performance car with good history is the Best Buy as you get far more car for the money….”bang for buck”. Hope you have a wonderful week.
@@ECPP Couldn't agree more. If cars are a passion, then buying used 'fun' cars is absolutely the way to go. I also used your advice while I had my 2015 Porsche Cayman as my daily driver.
A terrific video, solid wisdom on pre-owned vehicles!
A month ago, I found a exceptionally clean loaded 2022 Nissan Maxima for 28K. It was 46K new It has the seasoned reliable 3.5 V-6 in many of Nissan's line up & it only had 34,000 miles on it.
With my excellent 833 credit score I got the lowest rate on it, I'm quite happy with it!
My old 2014 Infinity Q50 fell apart @ 100k (CDN) immediately after warranty expired!😠 .. Will never never touch Nissan/Infinity again!
@lornestein7248 Why tell me your problems, I have had great reliability with all my Nissans. Naturally many aren't cared for like they should be.
@@vinniecorleone62 ok Vinnie, best of luck.
Won't buy into other people's problems. Have you noticed lately how people drive and don't maintain their vehicles?
Yes there are many unfortunately but a solid service history, clean carfax and a good PPI result usually means a win.
My wife says the same, so that ends the discussion in our house.
Well said!
About the only time I buy new is if the platform is the same, but styling improved.
Example, bought a '24 Q7 mostly because of the new blacked out package that now includes the Audi badging in black. Also, the color combo was perfect, and I negotiated the price below invoice.
Otherwise, the target for me is ALWAYS CPO used--bought a 2019 911 4 GTS with 2-years CPO, added 1 year, and going to add 2 more later.
CPO is the way to GO! Feel free to use that. 😆
BTW, your reviews are the best on internet for comprehensive reviews of all cars, etc.
Great job! Wish you were closer to Myrtle Beach where we could talk cars, but I know you prefer the snow. 😉
Haha thanks so much for the support and I am glad to help viewers as I wish I had help that is really tangible when I was young and new to the work place and market. I am heading to a Florida next month to as we have not had anything that resembles spring yet here.
@@ECPP enjoy!
Yup,he saw my question for an advice the I asked on another video recently. "Short" I like this guy
Thank you for the support
Great content. I bought myself a certified Mercedes. Because I was inspired by your videos and your opinion. You're right in every single word.
Thank you very much. What model did you buy?
I actually have been trying to by a new car on my terms since January. I gave up last week and got a garage kept 2004 Avalon with 96k (not a typo). Changed the water pump and timing belt and did a drain and fill on transmission. It all cost me what would have been my down payment $5,600 and now I don't have a car payment and my insurance went down in price because it is cheaper to insure a 04 Avalon than a 02 Optoma I have driven for the last 21 years. Your video made me feel very confident about my decision. New and shiny isn't worth six years of car payments.
Be careful about insurance though. I had a friend with a six year old Mazda 929. She dropped collision on her insurance and the next month we got hit by an uninsured driver and the car was totaled (they had to cut the roof off to get me out). We did get medical but she had to buy another car out of pocket. We couldn’t sue because like many uninsured drivers he had no assets
Wow sorry to hear that. Not good
I’m sorry to hear that. As for insurance, each state is a bit different but most insurance have a line item call uninsured/underinsured which covers scenarios like the one described. This is separate from collision which is what people tend to refer to as “full coverage”. I mainly know this as I sold insurance for State Farm when I was straight out of college.
Great video and very cool looking, picturesque clouds.
Many thanks! Yes it was a sunny but windy day. A little coolish too.
Keep preaching!!!! I’m standing up in the church screaming Amen!!!
thanks
So true bought a new Lexus 2 years ago the depreciation is so sad even though they say Lexus holds their value
This is a great video Mark, very informative 👏 👍 👌
Glad it was helpful!
feeling dizzy and travel sick
Sorry about that
I've always bought great used vehicles and currently enjoy my 2013 Lexus GS350 fully loaded (yes, old tech). What I love most about my used vehicles? The NVDIA stock, I bought over the years, with my savings.
Buying a pre-owned practical car, such as a used Toyota, or if the luxury itch is gnawing, a Lexus. Same with Honda/Acura, is more prudent than a German or Stellantis septic tank on wheels. The problem with most any used luxury car is the car may have depreciated, but the cost of parts and labor stays static or increases, as well. And please, people, stay away from Carmax, they ask as much for a used, high mileage car when you can buy the exact car new for about the same amount of money and won't be paying Carmax interest rates, even with good credit they'll getcha!
Haha I love the septic tank statement. Funny but not far from the truth in certain models like Audi AQ5 etc. some huge deals can be had though even for used luxury if it’s the right make and model. Service records are hugely important.
@@ECPP Yep, service history, imperative. Carfax has a fairly good record if the service centers are reporting maintenance, most dealerships do, (although I check the color of my oil before I leave the dealership's service lot to be sure it is clean oil, (after my usual 5K oil change) and the filter to be sure they were actually changed. I save receipts, too. But you never know some owners still have the mindset of bare maintenance and along comes the next owner to deal with lax service on a used car.
So far I have always bought older cars so I can do the mainatance myself with no hastle. My first car was a 98 buick, then a 2005 rav4 (that i gave to my little sister when she moved out on her own from my parents), then a 2000 4runner (I still have it, going on 5 years now), and now I also have a 1994 BMW 740iL, love it, 220,000 miles with almost pristine interior and great exterior, and it runs very well, clearly well maintained, got it from a friend
My problem with finding used cars is I have a high bar for the car's condition. No one seems to care for their cars as well as I do, because everything I encounter is chipped, curb rashed, scratched, dented, repainted, and /or rusted.😟
I just bought a 2018 nissan maxima platinum for $13,000 2 weeks ago. That car's original msrp was $41,000. It only had 40,000 miles and some minor cosmetic blemishes. I say it was a great deal.
I lucked out and found a 2000 Buick Century 60,000 mile one owner car. Paid 4000 US for it and it's almost showroom condition! Is it boring? Yes. Is it a chick magnet? Maybe at the senior center. Bottom line no car payment, a 24 year old car that looks brand new, and a car I can work on with parts still a plenty and CHEAP. Oh and money in the bank!
Great Advice !! I got the same deal on MB C Class!
Good stuff! That’s great to hear. Some amazing deals can be had.
Here in Thailand you can buy a used car if you are crazy in the head like we say in Sweden!😂
The service book are disappeard!
That’s the car you really do t want to buy
@@ECPP Exact mate!
Whaaaaat?
It can be a good idea if you have the cash, but if you need to finance it, the second-hand car interest rate is 10%, compared to a new 5% rate in Canada. For this reason, I prefer a new one.
I buy new cars because interest rates on new cars are lower. Also when you buy a used car and eventually want to trade it, people aren't standing in line for a THIRD HAND CAR, with buyers wondering how badly the first car tortured it. So trade-ins can be really lousy. To avoid glitchiness in super advanced cars, l buy the base models with fewer gimmicky gadgets that l never use. I also wait till the new model is coming out and get the previous year. If l can, l buy on New Year's Eve when the Dealer is trying squeeze every last deal into the store, in order to reach their Manfufacture's goals that allows them better allocations for more desired models, big bonus $$$ and buying power with Manufacturer.
That’s a great strategy and I agree, usually interest rates are a lot better with new than used so those factors must be considered
I did exactly what Mark is saying here... I took my $45 000 USD and bought a 2021 BMW 8 series with a V6... I didn't want to the V8 version due to engine failure... the V6 is the same engine in the Toyota Surpra... m 8 series only has 27,000 miles on the odometer.... I bought an extended warranty from a different BMW dealer for a cheaper price for my 8 series... now I am good for 5 years at 125,000 miles.... so happy.. .. so instead of getting a Camry or Accord or etc for $45,000USD, I get a BMW with very low miles with exceptional built quality, prestige, exclusivity, ultimate driving machine....etc...this is my 4th BMW....
Fool.
You could have gotten a reliable Toyota or Honda new and had change to spare!
That’s a great story and an example of how a person can drive a fun car for fractions of new but enjoy 90 percent of the experience as new.
Mark's got that really quick Turbo 4 Cylinder Merc.
Thanks, it’s a nice ride
I agree on buying a 2-3 year old car. Who wants 25% depreciation anyway. Also, please do a segment on why you should never buy an extended warranty, most of them are trash anyway. Damn few are worth what you paid and most repair shop absolutely hate them for all the hoop they have to jump thru to even be paid fairly. Thanks!
Thanks for the watch and great video idea
Next video: second hand cars for the masses. That means: max. ±$3500.
Well, that’s also important for some
I just bought a 2008 expedition limited black
1 owner
54k miles
Updated spark plugs
Update timing components
New updated touch screen radio
Heated/ cooled seats
TV
Backup camera
Beautiful leather
Dual zone climate control
Electric running boards
Loaded and inspected
How much did I pay?
So I have bought a lot of cars some new some used. 1 month ago I purchased a CPO 2021 Lexus NX 300 Fsport with 47k miles. I would have never bought it ( so many cosmetic defects) but loved the ultrasonic blue with white interior ( a rare find). The more I drive the car and the more I detail it, I find more and more problems.. not mechanical, but just the last owner did not take care of this beautiful car. It was a lease and looks like it was parked outside and not cared for at all other than the maintenance was done every 5k at a Lexus dealer.
Needless to say I saved a lot of money and have plenty to invest or save to pay off my house, but next time I will buy New because I do not like the lack of care people have for their cars. Lesson learned for me, I am just too much of a perfectionist to deal with other people’s problems or lack of care.
She is a good car and will take me from point A to B for now 💙
Indeed am just like you too and I am also one who hates cosmetic neglect and imperfections and drives me nuts. With that said, I also see minor defects and issues as a little mini project and a challenge. I had one premium BmW that I bought because the miles were right, and the price was very competitive but it had a couple lightly scraped wheels and many door dings but I saw this as an opportunity to nickel and dime the PO who was a doctor due to the flaws and was able to get the car formula cheap and made it just feel so right. I detailed it myself and took it to a dent removal shop and when all was said and done, I had a great car with extra warranty, low Ks, and priced better than most. Win Win.
@@ECPP YES.. I am going crazy 🤪 definitely a project is fun, but does cost and not sure if I am keeping her. I got most dents and chips repaired by Lexus, but not to my liking lol 😆
The front splitter needs replacing from rock chips as well as the chrome around the grill. I looked into chrome delete but that’s about $1k , and I am ceramic coating for $1k as well..
the front camera has a couple of chips causing a bit of shadow on the 360 camera image.. that is not covered under warranty and the steering wheel makes a little squeak when turning.. lol
Would you invest more like the chrome delete , camera repair, and other improvements if I am not keeping past 1 year?
I am assuming you kept your BMW for a while or still have it?
Thank you for your thoughts! Love your channel. 💙
Used 2023 Corolla LE, with 56,000 kms = $28,900. (only one small accident).
Brand new 2024 Corolla LE, with 56 km = $26,400.
Buy new, save $2,000.
I was at Mercedes yesterday servicing my moms glc for service B . Seen a lot of beautiful Mercedes I asked a tech what he thought and he said eh it’s luck of the draw 😂said gla and glc are reliable but most of the new stuff is software problems. Nevertheless beautiful cars I’d love a gle but imma keep the es
Hi Mike, I just did a review on the 2018 GLE400 over on my 3rd channel - Six Speed Review
I don't want used because everyone POUNDS on their cars these days. They seem to think that the pedals only have 2 states: Fully Down & Fully Up..........nothing in between!!
Yes there are some people who drive like that but some of that also depends on where you live. Some places like where we are , laws are so strict driving more then 40 km/h and you are sure to get a photo radar ticket and most vehicles in this province are lightly used.
great video and I agree with you
Thank you very much
Sydney Canada 🇨🇦
Good morning
Great video. I just bought a 21 BMW new sticker price is 52k I got it for 30k 🎉
That is awesome. Great buy.
Well I'll tell ya this. I'm newly retired and I've never had a new car. I just want a warranty and a really new car. I'm leaning towards a Panamara. I don't drive much or far now so I'd like a nice ride.
Yes that’s also a great way to treat yourself and it may be worth it once in a life
Used cars still deprecate. If you pay 40k and it drops to 32k or if you pay 19k and it drops to 12k plus repairs, it's the same difference. I've lost tons trying to save money buying used and my best purchases have been good deals on brand new Toyota Trucks.
Thanks for sharing
While true, I worked my ass off to get a new vehicle that I can flip once the 5 year warranty runs out to buy the next version up of the previous.
So you prefer new? It’s always nice to drive new but you definitely pay for it.
ya newer is not always better. i compare it to bluetooth headphones. Ya there's no wire, but you have to charge them. The wired headphones never need charging, and are therefore more reliable. Same with many other technologies also.
Totally right. Much of the new tech is cute but often glitchy, eg carplay
Any thoughts on the new Mazda CX-70?
Top should in the non luxury segment. Better than Honda at this point
@ECPP Thanks for the reply , Mazda dors seem to be getting closer and closer to luxury cars. Thier interiors are excellent!
I own a 09 mazda6 with the 3.7 cyclone from ford. It was owned by the government and serviced religiously, 115k miles. I do hear that the 3.7 is subject to some water pump issues tho, crossing my fingers.
my 2023 RAV4 was just about the same price as a 2021 rav4 with 30k miles. So I bought a new one for 36k. Better interest rates than you could get for used
Yes you always have to do the math on it and if you are borrowing most from the bank, then that is a factor. Buying cash or higher deposits are less of a factor in interest rates
Absolutely agree with the new vs used issues! All of them. Haven't bought new in decades. Even from the depreciation aspect and existing interest rates, if needed for financing. Most do.
For sure Thomas. Most people "justify" new as they get warranty, and borrowing rates are lower, but from a "bang for buck" perspective, if they saved a few dollars to put a bigger down payment, then monthly can be less or reasonable. Warranty? Get a well respected brand with good service history and warranty becomes less of an issue.
i believe buying a new car is stupid but we need someone to buy them new
Båda mina bilar är mer än 20 år gamla 🤭 funkar fint.
We bought a 1980 Dodge PU used and mean no disrespect to you but it was our worst vehicle ever. It was 2WD and we knew former owner but wasn’t real close. We are in VA and in our 60’s. Just bought last summer ’23 4Runner before they ruin it. We still have 89 Chev 4WD that turned 35 last month so it’s our mulch and run to the dump truck. We still have spotless garage kept 2001 Chev Silverado 4WD we bought 23 years ago this month. Neither have been wrecked except for deer running into front corner of ‘89. My husband prefers to buy new and maintain himself. He doesn’t trust someone else changing oil or lubing. I guess saying this as we have been burned on used vehicles. We also bought a 1990 Ford full size 4WD Bronco that had 8 or 9,000 miles that a used car dealer (that was connected to me through business) had that had never been titled. It was ok, never been wrecked and we traded in on ‘96 Chev Tahoe as it leaked 3 places and tailgate rusted that they replaced. Sprayed water on it to wash at home and the blue paint peeled off. They painted that. So neither had to do with buying used but we just like a clean slate. Yes you are right buying used is much better and if you notice the people with money always do that. It is the wise choice!!! We just made bad decisions on two vehicles that we bought to hold us until we could get what we really wanted. We both enjoy your videos very much. Love your support of Toyotas (just not the new crap making) and wish we had gotten Sequoia and Tundra before changing engines and ruining them.
How did the tyres of that burnt out Hyundai at 00:47 survive the carnage?! 😮
The fronts really didn’t
my parents only bought new. I only buy used. go figure. since a car is a poor investment that only depreciates, why not let the first guy take the hit? If it checks out mechanically, what is the difference? Perhaps if i have a ton in the 401 at retirement, I may treat myself to a new car. was on the lot today, can get a new corolla le for 24k. great car. great price. now this dealership is i believe hiding inventory and adding 4k in adms. but Mark, you are going to have to use some shoe leather to find what you need - contacting dealerships in a wider buying radius. But, I say you can get this for 23k or there abouts. what's not to like at that price?
If you are planning to finance a used car i guess it’s the worst decision ever if your budget is 30k or more then buy a new otherwise but less than 20k for used
Thanks for sharing
Hello . Iam buying a certified 2023 mazda 3 sedan carbon edition with 5000 miles for $25635 out the door. Another dealer asked me if they can beat 2023 price with a 2024 will I buy make a deal with them?? It sounds too good to be true correct?
That’s why I always looks for BMW’s under $10,000. 🤷🏽♂️ saves $ especially when it’s paid off in cash and all I gotta worry about is maintenance, gas and insurance!
What's the best quality Mercedes sedan, diesel pre def (scam) or gasoline.
Low rate of repair.
Exactly
@0:27 I don't want all the always-connected, Bluetooth, GPS, Surveillance technology crap in my car. If you think ahead a few years to 2030 you'll get where all that technology is going to end up: limiting your driving days & mileage, and preventing from driving those who the State has deemed politically undesirable, those who have made social media posts criticizing the regime, and those who are not up to date on the latest injection accompanying the current medical psy-op.
Those are great points
Brand new cars only makes sense for those who can offset their self-employment expenses.
I agree it’s a great way to make it make sense
Buying a good used car should involve a lot of homework to avoid buying a troublesome vehicle that will be costly down the road. In addition...having a good mechanic thoroughly check out a used car you are interested in...would also be a good idea. Nowadays, you have to be very careful.
Very true!
I thought those Benz cars were never ending money pits
I own the holy grail 2014 GLK350 AMG in mars red. Second owner, bought it 5 years ago with 24k miles. Now has 75k miles and still drives like a dream. I do spend 1800-2500 a year on routine maintenance at the dealership. Hoping to get 5 more years out of it.
Your bf or husband should be doing the maintenance!🤷🏻♂️
@@auxmike718 I would but I don’t have either a husband or a boyfriend. I do think it helps resell value to maintain at the dealer since people want to see that history done by professionals. That’s just my experience.
4:47😂😂 did anybody pick up that part???
Haha
The new cars are about as reliable as our smartphones. I mean if you think about it 🤷🏻♂️
Exactly, thats about the size of it. A lot of complex tech.
Why spend 80k on a sports car when you can get one, with miles, for half price.
That’s a massive savings by waiting for a couple years. Miles can be found relatively low too
Buying a BMW X3 is a smart decision
It can be if the service history is good and it’s been well taken care of
Always buy used vehicles, not brand new ones. You can also buy an older, late-1990's Chevrolet Silverado crew cab pick-up truck or Chevrolet Suburban full-size SUV with the 5.7 L (350 cu. in.) V8 engine and the four-speed automatic transmission, than any of these newer used vehicles with unfamiliar technology. Thank you very much and Happy Father's Day.
So many great money saving options doing this and many people often walk away solid used vehicles. How many people have you met that spent a ton of money on some major maintenance likes brakes, front end work, maybe clutch or timing belts and even a top end engine rebuild only to get the work done and then flip it after all this money was spent. That’s another great opportunity.
@@ECPP Thanks again.
It is pronounced yesterday's money tomorrow's junk
Well….
🤔
Cheers
I am calling BS. You don't find 2 year old cars with low mileage for half the price of new. Not a Benz with extra wheels
he didn't say that you can find a 2 year old car for half the price so your rebuttal is just invalid and based on false judgements
I could buy a nice RV for $125k
Haha Indeed
This guy clearly knows nothing about auto insurance and the coverage’s available.
Let’s go with that….not!
This is a great video Mark, very informative 👏 👍 👌
Glad you enjoyed it. I really appreciate the support and I hope this video paints a picture for people who are done with these silly new vehicle prices. This is how i live my life and buying a solid late model used is the best way to go. It may not be cheap but it’s the sweet spot.
@ECPP it's way cheaper and wiser than buying new and then getting it repossessed cause you're paying $1200/month for 72 months
Yada yada ya From what I can tell a Honda Accord is the best buy currently
Better than a Camry?
@@ECPP Alot cheaper for the money yes
It’s a really good suggestion to check the insurance cost to help me decide between new and used! I’ve narrowed my search down to either a 2021 BMW X3 xDrive30e (Plug-in Hybrid) or a new 23/24 Ford Mustang Mach-E because they are actually about the same price at the moment.
Don't your head hurt doing that
Sometimes but honestly some great deals can be had
@@ECPP I'll send you some Advils. HAVE A VERY HAPPY FATHER'S DAY TOMORROW