So basically, do what klutchdust does if you know what you're doing with vehicles and do what bobndot do if you don't and still want some coverage.
Fwiw, I do both. New is new and if it's the right price or reason, I'll buy new. Not for the service after the sale but because it's the right deal.
But 90% of vehicles, implements and toys get purchased used. Of varying age, price and condition depending on the budget and or purpose it will be used for.
But the one consistent thing is I only buy from private parties, so I can judge how the item was cared for by judging not only its condition but the owner who's selling it.
However if I wasn't proficient in vehicle repair and very capable of accurately analyzing a vehicles condition, I would absolutely buy new, provided I had the means.
