How much do you need to save on a used car to make you choose it over a new one? Here's a specific example I would love to hear your comments on:
Hertz used car sales has a 2023 Camry LE with 13,772 miles for $21,840 plus assorted fees. A local dealer has a new 2024 Camry LE for $26,874, also plus assorted fees I'm sure. Taxes will add 6% on either. Since the Hertz was a rental car I'm guessing Toyota would void the warranty so all you get is a 12 month/12K Hertz warranty.
Is losing the warranty and getting a used car with almost 14K miles worth saving $5K? What would you do?
Hertz used car sales has a 2023 Camry LE with 13,772 miles for $21,840 plus assorted fees. A local dealer has a new 2024 Camry LE for $26,874, also plus assorted fees I'm sure. Taxes will add 6% on either. Since the Hertz was a rental car I'm guessing Toyota would void the warranty so all you get is a 12 month/12K Hertz warranty.
Is losing the warranty and getting a used car with almost 14K miles worth saving $5K? What would you do?