Oaktree
Super Member
I've only ever bought one new vehicle, in the early 70s right out of college. Financed, but paid off early. A true one-owner car, next owner was the scrapyard 13 years and almost 300k later.The second item came soon after, my first new car, which was also my education on how much of a mistake it is to finance a car if you don't have to. It was a good car, but I should have kept driving the old one until I could afford the new one outright. Never financed a car again after that....
Ever since then it's been 5-8 year old used ones. Let someone else take the depreciation hit.