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I've only bought a new car once in my life. That was a Mercedes in 2000, paid cash. I still have it. It's required nothing but routine maintenance and a couple of repairs that I did myself and cost less than $50 each. It has 85,000 miles on it now, and I'll probably keep it another 10 years.
So, yeah, I think I'll get my money's worth out of that one!
But I wouldn't do it again. My wife's car is a 2007 BMW that we bought used in 2009 with 15,000 miles on it for a very reasonable price, I was able to get it for around $23,000, paid cash. A new one in 2009 would have been what, $15,000 more? At least 10-12K more. It has around 40,000 miles on it now, no problems.
These later model cars are a lot more DIY friendly than most people realize. Buying a 3 or 4 year old model can save a ton of money.
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