Hey all, I'm looking to buy a new to me car, and I was thinking that I could do what I did with my last car, but the market has changed (which, in hindsight I should have been prepared for).

Back in the go-go recession years (2009) I bought a 2007 Honda Fit with 80k miles for ~$12,000. At the time, the same package (sport, auto) was retailing were retailing new for $18,000.

I figured I could do the same again, get a 2016 car for roughly $6,000 less than a new car, but I'm at the dealership and I'm seeing two things. Cars are way more expensive than they were 10 years ago (fair enough) and the used cars are retaining their value to such a degree that I'm wondering if there's still a benefit in buying used verses new.

I'm committed to getting a Honda. My experience with my Honda Fit verses my friends who bought any other brand at the same time has sealed my loyalty to Honda. I'm not committed to the year or necessarily the mileage. I bought my Fit with what I thought were high miles, and it's been an amazing car these last 9 years. It's closing in on 200,000 miles and it's still running pretty great. I'm interested in a new car because my lifestyle has changed. A cute city compact doesn't really fit the bill anymore.

Anyway, long story short, what do you all think. Is used still the deal it used to be?