When It Pays to Buy a New Car

Sometimes certified pre-owned vehicles are more expensive.

Usually my husband and I buy used cars. But in 2009 when the government offered a special tax break for new car buyers, we bought a new minivan. The price difference between the new and used models of the vehicle we wanted was small, and the tax write-off sweetened the deal.

There are other times when buying a new car -- rather than used -- makes more financial sense, according to the June issue of Kiplinger's Personal Finance. Here's why:

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Cameron Huddleston
Former Online Editor, Kiplinger.com

Award-winning journalist, speaker, family finance expert, and author of Mom and Dad, We Need to Talk.

Cameron Huddleston wrote the daily "Kip Tips" column for Kiplinger.com. She joined Kiplinger in 2001 after graduating from American University with an MA in economic journalism.