Not every vehicle follows the same pattern, but most new vehicles get a full redesign every four to six years. Sometimes, the cycle goes longer than six years. In between complete overhauls, many vehicles get face-lifts to keep up with new tech and keep the design looking fresh.
One of the most significant ways that a used car will save you money is in the realm of insurance, and one of the most important data points considered with insurance is the age and value of your car.
One of the chief reasons that new model lines are more expensive than low mileage used vehicles is the huge amount of marketing and advertising that they receive. Both manufacturers and car dealerships spend a lot of money on marketing and advertising their new vehicles.