Reddit Buying A New Car File

Recent discussions suggest the old rule of "never buy new" is changing due to high used car prices.

: Avoid talking about monthly payments, as dealers can manipulate these by extending loan terms or jacking up interest rates. Always insist on an itemized breakdown including fees and taxes. reddit buying a new car

: Get pre-approved by a credit union before visiting the dealership. Do not disclose this until you've finalized the car's price; then, ask the dealer if they can beat your rate. Recent discussions suggest the old rule of "never

: Buying new provides a full warranty and "peace of mind," which can be cheaper than the rising maintenance costs of a high-mileage used vehicle. : Get pre-approved by a credit union before

: For reliable brands like Toyota or Honda, the "massive" depreciation hit the second you drive off the lot has significantly decreased.

: Look for 0% or low-interest financing incentives, which are often only available for new models and can make the total cost competitive with a used car loan.

: Negotiate the car price, then the trade-in value, and finally the financing. Do not let them bundle these into one "monthly payment" number. Is Buying "New" Worth It?