Why not to buy used

Are there disadvantages to buying used? A few. Financing is generally more expensive for used cars (though this may be offset by cheaper insurance rates), and if you prefer to lease, a used car probably isn't a viable option. By buying a used car, you may be missing out on some of the latest-and-greatest safety and technical gadgets. And, of course, there's that new car smell. Let's face it: Having a new car is a great feeling.

In the end, all of these things have a price, often several thousand dollars. Is it worth it? That's up to you -- but if you're looking to stretch your car-buying dollar as far as possible, it's hard to argue against buying used.