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Malta, Illinois | I don't think used vehicles depreciate as fast as they used to. However there is a difference between what a dealer will allow on trade and what they are going to ask for that vehicle when it goes on their used lot. For those reasons you might look at buying privately. I find that sometimes you can buy a late model vehicle cheaper privately than from a dealer. The auto industry has changed a lot since covid and nothing has been for the better. There is no easy or cheap answer to your quandary. I would be tempted to look at a vehicle that has a stellar reputation for reliability and durability and get something with 50,000 to 100,000 on it and hope for the best. I know you have already been down that road and are tired of repairs. The only other options are new or lease. You've pretty much ruled out the lease so that leaves new. Research factory warranties and see which are the best and have the fewest loopholes. Maybe even consider an extended warranty from the factory. Then hope for the best and drive the wheels off of it and hope you don't have to do it again for five or six years. Best of luck. | |
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