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Is It Better to Buy a Used Car Compared to a New Car?
Our team will tell you about buying a used car compared to a new car
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General Motors, LLC (GM) is recalling certain 2021 Chevrolet Malibu, 2022 Chevrolet Equinox, Blazer and Cadillac XT4 vehicles. The driver's seat cushion frame may have an improper weld in the power tilt-adjustment mechanism.
Title | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total for 5 years |
---|---|---|---|---|---|---|
Depreciation |
Year 1 $2,196 |
Year 2 $2,027 |
Year 3 $1,858 |
Year 4 $1,690 |
Year 5 $1,521 |
Total for 5 years: $9,292 |
Insurance |
Year 1 $2,185 |
Year 2 $2,261 |
Year 3 $2,340 |
Year 4 $2,422 |
Year 5 $2,507 |
Total for 5 years: $11,715 |
Fuel |
Year 1 $1,592 |
Year 2 $1,640 |
Year 3 $1,697 |
Year 4 $1,765 |
Year 5 $1,844 |
Total for 5 years: $8,538 |
Maintenance |
Year 1 $837 |
Year 2 $1,217 |
Year 3 $1,027 |
Year 4 $1,455 |
Year 5 $1,405 |
Total for 5 years: $5,941 |
Repair |
Year 1 $260 |
Year 2 $479 |
Year 3 $534 |
Year 4 $665 |
Year 5 $806 |
Total for 5 years: $2,744 |
Taxes & Fees |
Year 1 $1,609 |
Year 2 $183 |
Year 3 $233 |
Year 4 $150 |
Year 5 $208 |
Total for 5 years: $2,383 |
Total for 5 years: $40,615
Discover expert tips, news and advice on buying and maintaining used vehicles
Our team will tell you about buying a used car compared to a new car
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