There really is something about buying a new car, isn’t there? While we all know that a new car is going to lose a very large chunk of its resale value the moment you sign the bottom line on the paperwork, there is just a sort of magical romance which abounds in the way that you can drive your brand new car back home. For that one glorious moment, do you or do you not feel like the envy of just about everybody? Whether you are the type who admits to wanting to feel better than other people or the type who hides that basic human desire, you have got to admit that there is most definitely a rush which goes along with driving home that all American (or foreign) trophy. Everything seems so new, even if the car you bought has no features that your old car did not. And everything actually works.
There is a sort of irrationality that goes along with the process of car buying, whether it is new or used. But then again, new cars (just like new loves) tend to bring out the least rational parts of the human psyche. After all, the rush we talked about can last a good while. And even a moment of it, just that flash of it for a few seconds, may be all that it takes to inspire a person to a life time of wanting to get it back, and know that feeling once again. Feelings are a powerful drug.
Just make sure that you temper these feelings with a good basis of facts, an understanding of what you are getting yourself into, and the cash to afford it. After all, it is just as painful to watch them repossess the car that is not so new any more as it was blissful to buy it in the first place. And in precisely the same manner as it is going to lose value, you are still going to eventually either trade it in or sell the car. If all else fails, enjoy it while you can.