Why used cars versus new cars?
...ports, often remain half of the price of a brand new car. In the tax section, the 4 years old car will save some on tax by a smaller amount of money, compared by brand new car’s larger amount of money multiplied by the tax rates. In this case, the used car seems like a better choice. Next we focus on operating costs. The main parts are the fuel cost and insurance cost. For fuel consumptions, the used one may costs few more than new one because of engineers stated problems on aging fuel systems. And for insurance, the used one usually cost fewer on insurance payments based on experiences. In this part, the used one is still cost less than the new one. Finally we focus on maintenance costs. Older cars are usually unreliable than new cars, and if a car is 4 years old, it is probably ran out of factory warranty. When problems occur, the owner of the used car has to pay everything to fix it which the costs could be covered on the new car by warranty. Also the use...