New or Used Car

[Saran Vel]

Which one to buy..?
It's very tough for me to take a decision.. I need u'r help..
Please post u'r views..
Thanks
Saran

[Andrew Shafer]

Never buy a new car unless you can afford to pay in cash.
There are lots of decent used cars, make sure you find a nice one.

[Michael Ernest]

Buy a forest green '98 Ford Ranger, preferably with about 65K miles on it, tested for California emissions, short wheelbase for extra traction. If you can get one previously owned by a published author, you just can't do no better than that.

[Saran Vel]

Originally posted by Andrew Shafer:

There are lots of decent used cars, make sure you find a nice one.

Thats my problem.. how do i know its nice car..?
Saran

[Jake the Snake]

Saran, used car all the way!
I really don't know how can anyone invest money into something that is going to depreciate, unless individual has tons of money.
There are piles of good cars out there. By "good", I mean good looking and of good quality. Any car that you like look wise?

[Badriprasad Bumbabol]

Its a very tough Decision and I am facing exactly the same problem. And to make it worse, all my friends are divided on it. Half say go for the New One and the rest say Used. In the end, I am thinking of getting a Used one since i think with the same money, while I can buy a medium-range New Car, I can get a High-Profile Used one. There is a risk involved of High Maintenance if something goes wrong, but I am willing to take that risk if it gives me the Car of My Dreams for money I can afford.
Also keep in mind other things like , Is it your first car , Whats the cost of Mechanics in the place where u live , If its going to be used are u buying it from another person or another Car-Retailer and so on.
Just my 2 Pence.
Tintin

[Peter Lyons]

Lack of money made my decision easy!
And you know, I'm probably better off for it. Instead of buying what I would've liked, a brand new Honda Odyssey at $27,000, I wound up buying a 1996 Ford Windstar for less than $9,000 - 1/3 the cost of the new Honda. Our used Ford has 65,000 miles on it. We put some money into getting it well serviced, and now it gets us around just as well an anything else.
When we'd had the van about a week, it got a big scrape along one side in a parking lot... which just blends right in with all the other minor dings, dents, and scratches! If that happened to a brand new car, I'd be pulling my hair out wondering how to pay to fix it and still make a monthly payment.

[Saran Vel]

Originally posted by Justin Poggioli:
Sarah, I find that the extra money you pay on a new car is worth the peace of mind.. Even if interest was not 0% the peace of mind is invaluable. IMHO

I guess i'm with u Justin..
I decided for a new car.. only because of this reason..
Also the point from Peter is worth to note..

When we'd had the van about a week, it got a big scrape along one side in a parking lot... which just blends right in with all the other minor dings, dents, and scratches! If that happened to a brand new car, I'd be pulling my hair out wondering how to pay to fix it and still make a monthly payment.

But still it is some thing under exceptional situations..
Let me hope for the best..
Thanks for all of your valuable inputs..
Saran