Personal Finance lesson 105

Old vs New Car. That’s an age old question that people have asked for a long time. Honestly, people have different answers. Some argue new cars are safer, some argue old cars are more reliable. Whatever the argument is, there is always a pro and con to every situation.

Older cars, 20-30years or older are made with a higher quality. There built more solid, and they have been around long enough to show how reliable and usable they are. They also are easier to work. Cars manufactured in todays age are mostly based off computers making it more difficult to work on. Unfortunately with time comes age, most older cars are usually beat up and visually show their age.

As for newer cars, there cleaner, usually have good warranties, but they break down easier and typically require lots of maintence. They are also very expensive. New cars, espically today, oar incredibly steep in price and monthly payments are typically not cheap. However New cars are more luxurious and comfortable to ride in.

No matter what any one thinks, it is different for each person, some people want new cars and other people want old. To each, there own.

Leave a comment