|
It would help if you put the actual price of each car.
Also, financially, buying a second hand car will be better most of the time. But there are benefits to buying new obviously, such as knowing the history of the car, whether someone had sex in your backseats, etc.
But honestly, without knowing your financial situation/reasons, financing a base lancer (which isn't that expensive to begin with) for 84 months sounds like a terrible idea. For nearly all of your loan term you will owe more money than the car is worth (ie. you'll be upside down.) - so when you get T-boned through no fault of your own, ICBC will pay you far less than what you owe.
|