Should I buy a new car every four years or buy a two year old car out of lease every two years?

Question by Lantern Bearer: Should I buy a new car every four years or buy a two year old car out of lease every two years?
The depreciation on a new car is greatest in its first two years of ownership.

If one has cash or a bank line of credit, one may attend an auto auction with an agreeable small time dealer for a flat fee.


Best answer:
Answer by D JGo the the Clark Howard Shows web sight at
clarkhoward.com and read the car buying guide section. An older car 1 or 2 years old may

Japanese Car Auctions