> New cars require less maintenance and usually come with 1-3 years of warranty.
The more people who purchase because of Assertion #2, the less true Assertion #1 is going to be.
So, yeah, as someone who has only twice purchased new (and regretted the financial hit both times), I actually am in favour of convincing more and more people to strain their finances to buy new, knowing that a lower demand in the secondary market means lower prices for me for the same used car.
If more people purchased within their means and bought secondary, I'd be paying a lot more each time I bought a car.
Yes, this is very much the case here in Sweden. When people started thinking about environment and second hand became fashion, all the second hand stores suddenly became as expensive as buying new. I have always been buying second hand so I'm a bit miffed.
> And the secondary market is more expensive.
Assertion #2
> New cars require less maintenance and usually come with 1-3 years of warranty.
The more people who purchase because of Assertion #2, the less true Assertion #1 is going to be.
So, yeah, as someone who has only twice purchased new (and regretted the financial hit both times), I actually am in favour of convincing more and more people to strain their finances to buy new, knowing that a lower demand in the secondary market means lower prices for me for the same used car.
If more people purchased within their means and bought secondary, I'd be paying a lot more each time I bought a car.