Friday, January 21, 2011

Should You Buy a New Car?

By Brett Arends
Wall Street Journal

Looking for a car or truck?

Conventional wisdom says that the smart move is to buy used. Purchasing a brand-new vehicle, it goes, is a big waste of money.

After all, a new car loses a fifth of its value the moment you drive it off the lot. That new-car smell, as they say, is one of the most expensive things you can buy.

There's just one problem.

It's not quite so easy.

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