A new car will definitely
A new car will definitely cost more than an old car. there are perks however such as warranties. there are even car manufacturers that offer extended warranties.
I had to pay a $100 deductible (plus $13 tax) when a repair was made under my extended warranty on my car. was this a taxable item?
You can do a quick check of your monthly or annual costs to maintain and repair the car. if the monthly costs start to become as high as the amount you’ll be paying for a new car, then it is time to consider buying a new one.
Maintenance costs such as oil changes and other periodic services can be a bit higher if you need to go to the dealership for services such as oil change possibly to keep your warranty from being voided. this is however a value added service which does add to extended car warranties the resale value of the car. in the long run, this type of maintenance will help you protect your car.
