... Just remember the first depreciation is the biggest one, being from when a car is new , to when is used....Most of the time the interest rate on a new car is cheaper than than a used car.... you need to check the payments of both, on a late same model used to a new one... most of the time the new car will have a lower payment, if you are shopping toyota, the new one and the one year old one will be about the same price....so the new one is a better deal.......Doc....