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Hooch Brewer-Shine Sipper
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New Cars vs. Used Cars
When I was a young kid here in South Jesus, Kentucky, my daddy always taught me that you should never buy a brand new car, and should always wait to get one a couple of years old because of how much the car devalues in the first two years.
I have owned only 3 brand new cars in my life. In 1974, a gold Camaro. In 1983, a silver Subaru hatchback, and in 1999 a tan Corolla. I had no idea about values of the Camaro and Subaru, as my daddy took them off my hands for a couple of different reasons. In both cases I couldn't make the payments. In the 1999 Corolla's case, I paid $14,000 for it new, and traded it in 2 years later for my Tacoma. The trade-in allowance I got was $8,000, which seemed like a rip-off to me, especially since it was a Toyo. So, when I got our latest "new" car, it was indeed coming up on 2 years old, and I got a pretty good deal on it. Any thoughts on the brand-new vs. used idea?
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