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Should I buy a new or used car? What to weigh

Elizabeth Rivelli

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Elizabeth Rivelli

Find the Answer to the Question, “Should You Buy a New or Used Car?”30 January 2023 · Updated 7 January 2026

Exact quote

“Ultimately, the decision comes down to your personal situation, priorities, and budget. Here are some things to consider as you weigh your options.”
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Ana Staples

Ana Staples

Should you buy a new or used car? Here's how to decide9 January 2024 · Updated 27 February 2026

Exact quote

“When it comes to the choice between buying a new or used car, there's no universal right option. What's best for you depends on your needs and preferences.”
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Leo Wilkinson

Leo Wilkinson

Should I buy a new or used car?11 February 2022 · Updated 4 August 2026

Exact quote

“If you’ve got a strict budget, a used car could be the best way to spend your money. This might also be the right choice for you if your credit score could do with some TLC and you can only borrow a limited amount through car finance.”
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Tim Demille

Tim Demille

Should I Buy a Tesla?13 March 2026

Exact quote

“When deciding between a brand-new Tesla and a pre-owned model, there are several factors to consider, including cost, features, performance, and long-term value. Both options have benefits and drawbacks, so it’s all about finding the right fit for your needs and budget.”
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Mark McDonald

Mark McDonald

Dealer vs. Private Seller: What's the Smarter Way to Buy Your Next Car?17 September 2025

Exact quote

“The bottom line is, yes, you may pay a little more buying from a dealer, but in return you get a better selection, a vehicle that’s already been inspected and may be covered by warranty, and financing options if you need them.”
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Clifford Atiyeh

Clifford Atiyeh

Pros and Cons of Buying a Certified Pre-Owned Vehicle - Car and Driver1 October 2019 · Updated 1 December 2025

Exact quote

“For the best value and highest quality, we recommend CPO vehicles cars that are no more than six years old and under 70,000 miles.”
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Jon Linkov

Jon Linkov

Buying or Leasing a Car in 2026: Which Makes the Best Financial Sense for You? - Consumer Reports25 May 2021

Exact quote

“For savings up front and over the long haul, buy used. And pay cash.”
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Jerry Reynolds

Jerry Reynolds

Advice: Should You Buy A Former Rental Car? - CarPro19 November 2024

Exact quote

“All in all, I have no problems with former rental cars under the right circumstances. Rent car companies are a huge supply source to the used car industry. You should always double check and see how much of the factory warranty is remaining and make no assumptions.”
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Gone for an Americano.

Shannon Bradley

Buying a New vs. Used Car: Which Is Better? - NerdWallet14 February 2025 · Updated 12 November 2025

Exact quote

“When deciding whether to buy a new or used car, knowing the pros and cons of each can help with your decision.”
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Gone for a latte.

Anthony O'Neal

Should You Buy a New or Used Car? Here's What I Want You to Know | Anthony O'NealAug 23, 2026

Exact quote

“But I am here to tell you the truth — and the truth is that new cars are one of the fastest ways to slow down your wealth-building journey. Used cars cost less. They hold their value better. They're cheaper to insure.”
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Gone for an Americano.

Rebecca Betterton

Should You Buy A New Or Used Car? | Bankrate6 June 2001 · Updated 3 August 2026

Exact quote

“Deciding between new and used comes down to several factors, including your concerns around depreciation, budget, how strongly you want certain features and how long you plan on having your car.”
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Gone for a latte.

Beth Weir

Should I Lease a New Car or Buy a Used Car?1 May 2023 · Updated 18 February 2026

Exact quote

“In summary, buying a used car can make sense if you plan to keep and run it until the end of its lifespan. It also makes sense if you will use the vehicle for heavy use where frequent damage is likely.”
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Gone for an Americano.

Waleed Assef

Difference Between New Vs Used Car: What You Need to Know18 May 2019 · Updated 1 August 2023

Exact quote

“The choice would be the car that suits your needs and preferences. If you have the money and resources, you can always go for a new one. However, purchasing a quality used car in Calgary can be just as beneficial as purchasing a brand new vehicle if you take your…”
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Gone for a latte.

Shannan Hartwig

How Old of a Car Should I Buy? | Expert Buying Guide6 October 2025

Exact quote

“For those on a tighter budget, older cars can provide excellent value if well-maintained. However, if you prioritize reliability and modern features, a lightly used or newer vehicle may be the better choice.”
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Gone for an Americano.

Jeff S. Bartlett

Truth About Certified Pre-Owned Cars - Consumer Reports3 August 2021 · Updated 22 June 2026

Exact quote

“…traditional used car with a high reliability score in our ratings, after a thorough inspection. But based on our analysis of reliability and owner satisfaction survey data collected on more than 300,000 vehicles in 2024, paying the premium for a certified pre-owned car could indeed be a wise choice.”
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