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Car prices are cooling, but should you buy new or used? Here are pros and cons. (www.usatoday.com)

submitted 4 months ago by Recant@beehaw.org to c/finance@beehaw.org

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I personally would not be interested in buying a new car. They depreciate in value too quickly and do the same exact job as a used car.

Used cars also have been run so lemons that come from the factory have been filtered out or fixed.

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[–] lemming934@lemmy.sdf.org 3 points 4 months ago (3 children)

Bikes are cheaper than cars

[–] Recant@beehaw.org 6 points 4 months ago (2 children)

True, but at least in America bikes alone are not a great option.

Over 60 million (1 in 5) Americans live in rural areas. These places don't have public transportation or are so spread out that bikes are not practical.

https://www.census.gov/library/stories/2017/08/rural-america.html

[–] nicholasyager@beehaw.org 2 points 4 months ago

This just tells me that 4 in 5(!) Americans may be good candidates for using a bike instead based on geography alone 😁

This is very clearly a "you're both correct" situation.

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