Is buying a new vehicle a bad idea considering the economy?

Question

any opinions or anything will be helpful!

Answer 1

Yes.   New vehicles depreciate once they are driven off the lot...buy used -but only if it is neccessary to replace the vehicle that you already have

Answer 2

Well, our economy's dying in the first place, and you shouldn't buy cars or motorcycles or any other vehicles(except bicycles) because that would just make it worser. (We could die any second now because of global warming!) You could buy bikes instead. They are cheaper and easier on the enviourment. Or, if you would really like a car, try buying the new expensive hybrid (water-powerd) car.

Hope this helps! :]

Answer 3

Buying a Hybrid will help. But if you want a SUV them that will be pretty bad.

Answer 4

With the economy the way it is, the best way to go is an economically friendly car.

Cars such as the smart car, which get over 40 miles to the gallon, are becoming increasingly popular while remaining extremely affordable.  A fully loaded smart car runs about 16 grand.

The only problem with those is the availability.

Answer 5

Your decisions on getting a new vehicle should be driven by your needs, and your financial situation, not by any outside influence including the "economy", whatever that is supposed to mean.

Also don't listen to the tree huggers trying to make you feel guilty if you don't buy hybrid, or at the very least 'green'.  Again, it's YOUR decision based on YOUR needs, and if you often take your extended family of children and grand children with and need an 8 passenger SUV, get one.

Answer 6

Well, gas prices are up incredibly high... but car dealers are getting pretty desperate for customers, so some of them are lowering the price significantly... i think it depends on the car you want.

Answer 7

It depends on what you do for a living.  Is your company doing layoffs

Answer 8

It all depends on your financial situation...I actually just bought one a few months ago...I actually dont have a job and my boyfriend is the one paying for it now plus everything else...on a really low income...but somehow we're able to make it work.....just make sure it wont be too hard for you...

Answer 9

no. i'm sure buying a hybrid or a one of those really really tiny ones wouldn't be bad. i just wouldn't recommend buying a gas guzzler at the moment

Answer 10

You could buy it, but then you probably couldn't afford to drive it

Answer 11

No, its not you can get the hibraid cars so it won`t hurt the economy. Get one if you have the money, cause the prices are going to get higher and higher.