Should I buy a used car or New one considering the current market conditions?

If you're someone who keeps a vehicle for a long time, I'd suggest a new vehicle. You can get what you want and know the entire vehicle history. By the time you're ready to replace it you've gotten your money's worth out of it. But if you keep a vehicle for only a few years, used is the way to go. A brand new vehicle loses a great deal of value the first few years. Then depreciates slowly after that. When buying a used vehicle for your primary mode of transportation use the 4/40 rule. No more than 4 years old and no more than 40,000 miles on the odometer. Hope that helps! Jim