One of the options we looked at in last week's Greenlings post on buying a new green car was whether a used car or a new hybrid or diesel made more sense. Turns out our friends at Green Car Advisor have found out a little more information on new cars and used cars that should be part of anyone's buying calculations these days. Thanks to falling car prices, financing offers and tax credits, it can be cheaper to buy a new hybrid than a used one.
Edmunds just released a study that found that buyers can, with good financing, get a new car for less money than paying cash on a used late model vehicle. Two hybrids, the 2009 Honda Civic Hybrid and the 2009 Nissan Altima Hybrid, can both be had for less money when they're fresh off the lot. Bad news if you're trying to sell one in the classifieds. There are a lot of qualifications to these findings (interest rates can vary widely, to name just one example), but if you're thinking of buying one of these two hybrids, do some math before you go looking for the giant inflatable gorilla.
Edmunds just released a study that found that buyers can, with good financing, get a new car for less money than paying cash on a used late model vehicle. Two hybrids, the 2009 Honda Civic Hybrid and the 2009 Nissan Altima Hybrid, can both be had for less money when they're fresh off the lot. Bad news if you're trying to sell one in the classifieds. There are a lot of qualifications to these findings (interest rates can vary widely, to name just one example), but if you're thinking of buying one of these two hybrids, do some math before you go looking for the giant inflatable gorilla.
Sign in to post
Please sign in to leave a comment.
Continue