See the many benefits of buying a new car versus a used car

For most of my adult life, I fell for the adage to get the most out of a car purchase:

“Buy a slightly used car and run it into the ground.”

This sounds like sage financial advice…

But the reality is buying a used car is often more expensive than buying a new car.

I ran cars into the ground twice in my life – driving almost 250,000 miles on each.

Crunching the numbers shows used cars can be more expensive than new cars

I would never buy a used car again.

Because when I arm myself with a calculator, a little knowledge and an open mind, I discovered this:

It is actually cheaper to buy new cars than used cars… especially nowadays.

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