New car prices

What I want you to understand by the time you get done reading this is that new car prices are the pocketbook’s worst nightmare. There is nothing so damaging to a budget than trying to afford a new car on a salary that shouldn’t be burdened with that luxury.

The problem with new car prices is that they are a figment of the car dealer’s imagination. How much are people willing to pay in order to use and own this vehicle? The best way to show people how unreal these prices are is to show them what happens to the “value” of the new vehicle once it is driven off the lot. That’s right it plummets! Not because the car changed at all but just because it is no longer technically speaking in the language of the auto world a “new car.”

So how do you get the reliability of a new car (which really is another huge misconception) without having to hurt yourself financially. Well there are several ways that I want to suggest you get around the evils of new car prices without having to sacrifice your ride.

First don’t buy new cars! Obvious as this may seem people who can’t afford to throw money away do every couple of years by purchasing a new car. I am lumping in those that lease too as they are not getting anything but miles out of the car as far as ownership is concerned. The only people that have the “right” to a new car are those that can and gladly do take the hit of driving the car off the lot in order to drive a “new” car. Often people enjoy things like the warranties that come with a new car and the low interest rates that are being offered, etc. But the fact remains that you can do it another and much better way.

So buying used is the only alternative right? Right! And it is a good one at that. You see depending on your price range you can often pick up cars that were literally driven off the lot only months earlier but for the drastically lowered price. The sad thing is that the people that are selling them are no longer able to afford them one, because it is more car than they should have, and two, because they had to pay new car prices. Go on the internet and there are literally hundreds of new-used cars for sale that will give you every bit of the dependability and performance of a “new” car for greatly reduced prices.

Two more pearls of wisdom. First, used cars are often MORE dependable than there “new” car counterparts. They have “stood the test of time” and are still motoring fine. Number two it is always cheaper to maintain a car than to by a new one and therefore you shouldn’t sell a car just because you have to put in a new transmission. Think of repairs, even big ones like this, as typical maintenance and you will be a much happier car owner.