Tomorrow's Classics Are Today's Bargains
For roughly the same amount of money, you can buy a new Toyota Camry or a used mid-sized Mercedes-Benz sedan. The new car has several things going in its favor: no one else has ever driven it, smoked in it, or ferried dogs and kids and fast-food leavings in it, and it comes with a fresh warranty and the latest safety equipment. But the used Mercedes has other things in its favor: having started with a much larger "build budget," it is, simply, more car for the money all around—you just have to pick a good one.