The very first car that I owned was new. I was eighteen and went out and bought a brand new car without the help of a co-signer. Having a brand new car was nice but in the current state of the economy, a new car isn't even a possibility for some. Right now, the only thing that my husband and I would be able to afford would be used cars. I've been doing a lot of research lately about used cars because the transmission in our car is going out. We're pretty lucky because everything we need is only a few minutes away.