New as in its it's new to me. Given the state of the used car market and this car's depreciation curve, I'm starting off with about $7K in equity and should stay there.Why a new car? a 4-5 year old one would save thousands in depreciation wouldn't it?
When it comes to cars, I always have an exit plan, but buying them as often as I do probably isn't smart. I don't really care because cars are my passion.