Need help buying 2nd family car - lowest depreciation
Hey guys,
Would appreciate some help here.
Am looking for a 7-8 seater van or SUV for about a year and a half. I want to buy a reliable car and resell it in about 15-16 months.
Looking for a car with low spread between buy and sell price. I can buy without taking any debt. Would prefer less than $30k, but can spend up
to $40k if required. I don't believe I will drive more than 15k km in the car. Looking for 2011 or newer cars with decent features - back cam is a must as wife will drive it.
Should I buy a new or used car?
Which car would depreciate the least in a year?
Would buying a relatively new car with high mileage and selling it mid next year help with the cost difference?
Any pointers appreciated!
Would appreciate some help here.
Am looking for a 7-8 seater van or SUV for about a year and a half. I want to buy a reliable car and resell it in about 15-16 months.
Looking for a car with low spread between buy and sell price. I can buy without taking any debt. Would prefer less than $30k, but can spend up
to $40k if required. I don't believe I will drive more than 15k km in the car. Looking for 2011 or newer cars with decent features - back cam is a must as wife will drive it.
Should I buy a new or used car?
Which car would depreciate the least in a year?
Would buying a relatively new car with high mileage and selling it mid next year help with the cost difference?
Any pointers appreciated!
