Is buying a NEW CAR a stupid thing to do?
My point is that we only lose money with a NEW CAR.
After 2 years, it lowers its value by 20-40%, depending on how much you use it. After 5 years, 50% or more.
New cars also require more expensive insurance, etc..
Why buy a new Car? Tell me a good reason, other than to "show off" or to get a VIP status in your social circle.
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