Summary
First-time car buyers must weigh cost, reliability, and peace of mind when choosing among new, used, and certified pre-owned (CPO) vehicles. New cars offer full warranties, advanced safety technology, fewer repairs and predictable pricing, but they cost more and depreciate quickly. Used cars generally provide greater savings and avoid the steepest depreciation, though buyers face potential maintenance costs and uncertain vehicle histories. CPO vehicles offer a middle ground, combining lower prices with inspections, reconditioning and warranty coverage, although they cost more than comparable used cars and offer fewer choices. Cars.com recommends matching the vehicle type to your budget, priorities and tolerance for ownership risks.
Cars.com
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