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Old 09-15-2010, 12:42 PM
Herk_FE Herk_FE is offline
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Re: Opinions on New Car

Quote:
Originally Posted by Takk87 View Post
Good thoughts. I'm actually not buying it for the warranty - just the hope that a newer car will have less problems than an older one. I could technically get my old car fixed just fine. I'm just sick of it not being dependable, and the frequency I need to get it fixed.

The deprecation is a very good note, and something I'm bearing in mind. Its also one reason I was potentially looking more at the 2010s. But I don't want to go much older than that.

Thanks for the good thoughts.
A 2010 still depreciates instantly and if is a new car has much less price flexibility. A used car say 2006-2009 under 40K miles will have been purchased by a dealer at a much lower cost. This means they have more room to move the price.

New cars can be plagued with just as many issues as used cars depending on your luck. The cost of ownership on a new car far outweighs the minimal benefits it provides. You are paying approximately 7-15K on the purchase price just to be the only person who has sat in the car and put miles on it.
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