Ashley Jacobs at WiseBread,com has a post asking the question to readers - Do You Buy New or Used Cars? When I came to the US almost 14 years ago , buying a car and buying a mattress were the top two confusing purchases that confounded me to the nth degree. Luckily for me a family friend - a Col. in the army gave some good advice. As soon as you leave the dealership with a new car the value drops . Buy a low mileage used car between 3 to 5 years. At the 5 year mark the car may have lost atleast 1/2 its value Do your homework before you go to the dealership. Kelly's Blue Book, Consumer Reports recommended. 14 years later a few things could be different , I am told used cars are now sought after more so their price holds and new cars may be getting close to used car prices. You have the internet to research so you don't have to buy "books". You have Twitter to ask for advice or Facebook. 6 of the 7 cars I have purchased have been used. The last one I bought in ...