June 19th, 2017
New cars vs. used cars: Why pre-owned vehicles may be your best bet
Last year, new cars sold for a record average of $34,077. That's up 13 percent over the last six years. But used cars sold for around $19,000. With 3 and a half million cars expected to come "off lease" soon, the time is ripe for used car buyers to strike. So how do you know you're getting the best bang for your buck? TODAY financial editor Jean Chatzky shares her tips.