Скачать или смотреть New Car vs Used: The Depreciation and Interest Shock

What actually happens to your money when you buy a new car versus paying cash for a used one?

In this video, we compare two straightforward scenarios:
Financing a $35,000 new car over 5 years at 5% APR
Buying a $15,000 used car in cash

We cover:
How much value each car loses over time (depreciation rates)
Total amount paid after 5 years and 10 years
Interest costs on financing
Opportunity cost – what that money could grow into if invested elsewhere (using average market returns as an example)

The results might make you pause and think.

Timestamps:
0:00 – The Question That Started It All
0:25 – How Depreciation Actually Works
0:50 – The New Car Scenario (Financing + Value Over Time)
1:25 – The Used Car Cash Scenario
1:55 – Comparing the Two + Opportunity Cost
2:25 – Why the Gap Exists
2:55 – Key Takeaways
3:15 – Final Thoughts

Disclaimer: Content is for educational and entertainment purposes only and does not constitute financial advice. I am not a financial advisor.