[nascarnation]

If you have to finance, rates are always better (sometimes MUCH better) on new vs used, so another benefit.

[Vigilanteman]

Correct. When we went car shopping last summer, we found that used car loan rates were two to three times as high as ACTUAL new rates, not counting those gimmicky 0% or 0.9% rates which almost nobody qualifies to get.

[arthurus]

I don't finance. My criteria for buying a vehicle has been for half a century-

1.) I can pay cash (no payments)

2.) It will get me down the road.