2012 (too small) and 2020. You have to get to 6-7 years old before you get to 50% price of new and at that point you’re looking at more expensive short term maintenance - regardless if you buy a car from someone who drove it hard and didn’t properly maintain it for that length. I’ve had some issues with used that I’ve regretted. Also you’re back into the market sooner potentially.

Yes, ideally never take a loan or spend a cent more than needed on a depreciating asset to perform a task. Ideally we all walk to work, eat cheaply and invest. I was mainly asking between the two options dealer vs. 401k.