http://www.fool.com/investing/genera...is-market.aspx
It's a personal-finance axiom that buying nice used cars instead of new ones makes good financial sense. Historically, cars have depreciated most dramatically in their first few years of life. Many two- or three-year-old cars are nearly new mechanically, but they sell for thousands less than comparable new models. These vehicles have long represented the "sweet spot" of the auto market.
Unfortunately, that sweet spot has been turning sour. According to industry-watchers Edmunds.com, used car prices are way, way up. The average price of a three-year-old vehicle in July had risen a whopping 10.3% year over year.
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