Things You Should Never Buy New
Cars
Cars drop in value the minute you drive them off the lot. Buying used saves not only on the price of the car but also the cost of insurance. It loses about 12 percent of its value. Why should you take that financial loss? Why not let someone else take that upfront depreciation hit by buying a used car? There are so many good, late-model, used cars on the market. It makes no sense to buy new.
