It’s well known that buying a new car or truck isn’t a good investment. New cars will cost you a small fortune, and the second you put them in your driveway, they depreciate by 15 to 20%. A lot of industry professionals now suggest you dedicate just 1/10 of your annual income on a used car.

• $25,000 = $2500 Car
• $55,000 = $5,000 Car
• $75,000 = $7500 Car

Some cars with high mileage are better than others. Consumer Reports is a great website for finding dependable used cars and trucks, and you can check out NADA Guides (NADA.com) to see Delaware used car prices.