Cars: Buy New = Save More?

Think you're saving money buying used? Think again

If you’ve been looking to buy a car, you might want to ditch those used car listings and head straight to a dealership.

According to auto shopping website Edmunds.com, purchasing a new model could save you more money than buying a used one.

As the site points out, in any other year, buying used would be the way to go; but in an unpredictable economy buying certain new models from companies like Honda, Toyota, Lexus or Mercedes is the smarter choice.

It’s all based on the β€œgenerous” deals that are out there right now for those in the market for cars. Pair that with the fact that used/certified pre-owned cars are more expensive to finance, so says Edmonds.

There's nearly 50 cars featured on the list, including a Honda Civic EX 4 door sedan, and a Volkswagen GTI. Get the complete list here.
 

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