Many had asked the question between getting a new or old. And
the most logical answer I find is, first to ask yourselve, how long
do you see yourselve driving the car? If you have intention to
change 2-3 years down the road, Old car is better. Reason is
someone has already suffered the steepest 1st year depreciation of
that car. But if you will be driving it for at least 5 years, get a
new one.
Just remember, 40k for 8 years is not going to be a easier load
than 50k for 10. Also consider that old car resale comes with high
interest rate. So strictly speaking, 40k for a about 8 years old
Getz isn't cheap at all.
