New cars require less maintenance and usually come with 1-3 years of warranty.
> And the secondary market is more expensive.
Assertion #2
> New cars require less maintenance and usually come with 1-3 years of warranty.
The more people who purchase because of Assertion #2, the less true Assertion #1 is going to be.
So, yeah, as someone who has only twice purchased new (and regretted the financial hit both times), I actually am in favour of convincing more and more people to strain their finances to buy new, knowing that a lower demand in the secondary market means lower prices for me for the same used car.
If more people purchased within their means and bought secondary, I'd be paying a lot more each time I bought a car.
For example a 2025 Mercedes-Benz C300 is $48,450 but a certified pre-owned 2022 Mercedes-Benz C300 is $32,820, and you get whatever is remaining of the original warranty + 12 months. I'd say that's a pretty decent saving, especially considering that it's still the same model (current generation is 2022 and onwards).