Is it really worth buying a new car.

[danzvtil]

Theres no right or wrong answer here. Businesses buy new because of the depreciation benefits. I cant understand why people are so strung up about depreciation, you are only "loosing" money if you pay cash and feel the need to sell again in 12 months time. Most of my cars are financed over 5 or 7 yrs, once paid off it owes me nothing, so if I sell it what i get is a bonus.
Car ownership is a balancing act between having higher payments vs low running cost of a new car or lower outlay vs risk of higher maintenance and breakdown costs relative the the cars value.
As a child in the 80s, my folks had an XD wagon which they kept for 17 YEARS!, they spent many times over its value paying for repairs, but thought of no other way, now, if my old banger is worth 3k and it needs a 4k repair, then ill call sims and cut my losses, plus, finance now is cheap and easy to get, so newer cars can make more sense.