car prices when new

New car prices are near $50,000, but buying used isn’t always cheaper—here's why — Photo by Ivan S on Pexels

car prices when new

Break The 5 Myths Of Used Car Buying Now

A 2023 survey revealed that 62% of car buyers cling to five common myths about used-car purchasing, and busting them saves money and stress. Those myths shape every decision from budgeting to negotiation, often leading buyers to overpay or miss reliable options. Myth 1: A New Car Avoids Costly Repairs

car prices when new

7 Used Car Buying Myths Cost Buyers 30% More

A Deloitte analysis of 5,000 transactions shows buyers who ignore common myths pay up to 30% more for a used car. Even as new car prices edge toward $50,000, many assume a used vehicle will automatically save money - yet hidden costs and market dynamics often prove otherwise.