Re: Used as much or more than new.... - Saab 9-5 Bulletin Board - Saabnet.com
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Re: Used as much or more than new....
Posted by Slee_Stack (more from Slee_Stack) on Mon, 28 Jul 2008 13:10:16
In Reply to: Used as much or more than new...., Mike Lynch [Profile/Gallery]
, Mon, 28 Jul 2008 11:35:25
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Quote: The point being that you coulda' had a new car for the same depreciation as a used or CPO. That is that if youda' gotten a good deal new and traded in at the peak of the used value, say 3 years and 36,000 miles, it would of cost you less overall than buying at the 3 year 36k mile mark and selling at 72k or 77k after the warranty expires.
I don't buy into this logic. A car always depreciates at the highest rate in the first two years. Buying a 2-3yr old car (even a CPO) will not depreciate at as high of a rate.
I bought my 2004 at 49K for $11K. If it dies in one year, I'll still have lost less money overall than driving a brand new car for one year. How does buying new make more financial sense?
posted by 208.62.80...
Posts in this Thread:
- A Saab story--------------negative equity, Seansaab, Sun, 27 Jul 2008 10:28:33
- Dealer generated repair?, Allan, Mon, 28 Jul 2008 18:41:40
- Re: A Saab story--------------negative equity, Kirk, Mon, 28 Jul 2008 11:46:53
- Used as much or more than new...., Mike Lynch , Mon, 28 Jul 2008 11:35:25
- maybe with some cars...Porsches perhaps..but not Saabs, Stevet, Tue, 29 Jul 2008 14:11:57
- not really what I've observed..., James, Tue, 29 Jul 2008 13:59:03
- Re: Used as much or more than new...., Slee_Stack, Mon, 28 Jul 2008 13:10:16 <-- Viewing This Message
- It's not ALL bad, westernny, Mon, 28 Jul 2008 12:58:48
- Re: A Saab story--------------negative equity, lisn95, Sun, 27 Jul 2008 20:14:04
- Re: A Saab story--------------negative equity, Steve, Sun, 27 Jul 2008 19:56:45
- You replaced everything...what else can go wrong? n/m, Wasabi, Sun, 27 Jul 2008 19:12:51
- Re: A Saab story--------------negative equity, James, Sun, 27 Jul 2008 12:29:44
- Punt n/m, Ian Glenday , Sun, 27 Jul 2008 11:36:43
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