That €50,000 car you just paid for cost you a total of €63,000 in payments. Plus, it’s now only worth €20,000, so it has lost €43,000 in depreciation... in 5 years. Buy used. Come on, people... stop throwing money away.
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Why do people keep buying new cars?
That €50,000 car you just paid for cost you a total of €63,000 in payments. Plus, it’s now only worth €20,000, so it has lost €43,000 in depreciation... in 5 years.
Buy used. Come on, people... stop throwing money away.