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This will depend on many many factors.

Plan on spending 20% to 25% of your cars costs in fuel.

So how far are you going to drive at what fuel economy?

Buying a new car means there is warranty and maintenance costs are relatively low but payments are high.

Buy an old car and spend big money on repairs and Maintenance.

Driving carefully can minimise these cost, but the ratio works pretty good for the last 40 years or so to figure this out.

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∙ 13y ago

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