Some people like to ball out with their car purchases. If you're reading this article, you probably aren't one of those people. A vehicle that is a year old and excellently maintained has already lost 20% of its value. If you add a few years and a little wear and tear, you can get wheels for one-quarter the price of a new car. With services like CarFax, more of the uncertainty of purchasing a pre-owned vehicle is eliminated every day. Before walking onto the car dealership to pick up something shiny and new, you really have to ask yourself how many thousands of dollars it is worth just to let people know you can afford to buy a new car.