Quote:
Originally Posted by diskman
and the one thing i learned is don't buy a new car. It loose's 20% in value when you drive it off the curb. Best bet a 2 or 3 year old lease return with no more than 10,000 miles a year on it. What ever price they ask offer $1,500 less and get an extended warranty  |
ABSOLUTELY RIGHT!! I have not purchased a new car since 1975 and have probably saved 100k because of that decision. I have cultivated a firm friendship with a small dealer/repairman who buys me just the car I want at auction, every few years. I drive 'fully loaded' cars which list for 30-40k. They are a year or two old with 10-20 thousand miles on them, and cost me abut 20k. My dealer gets such a kick out of finding an auction car which looks like no one ever sat in those lovely leather seats.
However. Many people just want a new car. Some want it so bad that they are willing to go get fleeced by their 'good friend' over at the impressive mega-dealership. It's an experience. Feels good. Expensive, but hey, you only live once.