Buying a new car is generally considered a poor due to rapid depreciation, but it can be a wise choice if you plan to keep the vehicle for its entire lifespan (typically 10+ years ). Academic and economic analyses highlight that while new cars are "bad investments" in terms of asset value, they offer tangible trade-offs in safety , reliability , and financing terms . Key Insights from Financial Analyses
Buying a new car is generally considered a poor due to rapid depreciation, but it can be a wise choice if you plan to keep the vehicle for its entire lifespan (typically 10+ years ). Academic and economic analyses highlight that while new cars are "bad investments" in terms of asset value, they offer tangible trade-offs in safety , reliability , and financing terms . Key Insights from Financial Analyses
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