NO. Brand-new cars are always costlier than used models. It does not matter whether you are buying a brand new car of the current or older model year; it will still be costlier. One of the biggest reasons is that they are directly rolling out of the factories, have not been driven by anyone, and have fewer mechanical issues. And even if they do break down, the manufacturer's factory warranty often covers the repair cost. If you can afford a brand-new car easily, we recommend spending your hard-earned money on it rather than a used one. A brand new one is a more feasible option in the long run (five to ten years).