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-   -   SUVs Not To Buy. Vehicles With The Worst Depreciation. (https://www.talkofthevillages.com/forums/villages-florida-non-villages-discussion-93/suvs-not-buy-vehicles-worst-depreciation-318702/)

Dr Winston O Boogie jr 04-17-2021 08:23 AM

My son was an auto mechanic for many years. He's now a subway train mechanic of the Boston subway system (MBTA).

After working on hundreds of cars of different makes and models for several years, it was his opinion that BMWs and Audis were over priced junk. In his opinion, Toyota and Honda make the best cars on the market today. The best US made cars, Ford.

tvbound 04-17-2021 08:39 AM

As many have mentioned, from a financial perspective anyway, buying a low mileage vehicle that is a couple of years old is by far the smartest move. Not only has it taken the largest hit on depreciation in those first few years, but it will also have established a record on reliability that can be researched. The popularity of SUV's has had a detrimental effect on my favorite class of vehicles, that being the 4-door sports sedans (especially those where you 'row your own'). A number of manufacturers have dropped lines of sedans in favor of SUV's and crossovers in the last few years and even the ones left, have limited choices for manuals. While many modern dual-clutch automatic gearboxes are better than modern manual gearboxes, to me there's still nothing more satisfying than the perfect rev-matched downshift with a manual, so count me as a dues-paying member of the - "Save The Manuals Club."

taruffi57 04-17-2021 08:54 AM

What???

Petersweeney 04-17-2021 08:56 AM

Quote:

Originally Posted by bobdeb (Post 1930904)
I read somewhere recently about a guy who routinely had his Tundra serviced at a dealer and when he hit one million miles on it they gave him a new Tundra. They kept the old one for marketing purposes. Very smart.

I've had three Ford F150s. Loved them all and drove them up and down the east coast but never had that kind of mileage. Still like the Fords.

I'm sorry but GM, Chevys and Dodges are not what they used to be. I'm not making that up. Do your homework.

Buy a Toyota Tunda or a Ford F150.

Purchased a 2020 Silverado brand new “Custom” one step up from basic model /Costco 1000 off plus 7000 dealer promo 30k all in luv it!

FORD = fix or repair daily

bobdeb 04-17-2021 09:30 AM

Fords keep getting better. GM and Chevys keep getting worse. Not just my opinion. It's all out there and you just gotta let it in.

Had 3 BMWs. Loved driving them. Trans and engines hummed along. Electronics were continually failing and expensive to repair. Again, don't buy new and be prepared to pour tons of money into them as they age.

VWs = fun to drive. Horrible depreciation and cost of ownership. Step son had a Tiguan which was horrible for repairs. Typical now. I had a bug back when I commuted to Boston. Was bullet proof. Those VW days are gone.

Chevy and Ford owners are like the Hatfields and McCoys. Except one of them is on that river in Egypt.

bobdeb 04-17-2021 09:44 AM

Back up noth the airwaves are flooded with Silverado ads. Not because they're a better truck, but because they have to advertise more than other brands simply to compete.

Chevy Equinox, Traverse and Silverados are all vehicles that are not recommended for purchase by any independent and reputable source.

DaleDivine 04-17-2021 10:32 AM

Quote:

Originally Posted by Merrills (Post 1931202)
Never owned a foreign name brand car ALWAYS BUY AMERICAN

No such thing anymore. Most Fords and Chevys are manufactured in Mexico, Canada or South America.
Hondas and Toyotas are manufactured in USA.
:popcorn::popcorn:

bobdeb 04-17-2021 10:58 AM

Quote:

Originally Posted by DaleDivine (Post 1931287)
No such thing anymore. Most Fords and Chevys are manufactured in Mexico, Canada or South America.
Hondas and Toyotas are manufactured in USA.
:popcorn::popcorn:

So true. And BMWs are built in South Carolina. So go figure.

Aces4 04-17-2021 11:19 AM

Quote:

Originally Posted by tsmall22204 (Post 1931147)
You talk in circles or you just plain don't know what you are talking about.

We certainly don’t know what you are talking about. You need to hit the quote button when referring to a certain post or your post has no teeth.:lipsrsealed:

waynehal55 04-17-2021 12:00 PM

Quote:

Originally Posted by toeser (Post 1931167)
I just don't know who has the time or patience to sit in a car dealer's waiting room for endless repairs. Any car I buy has to score high with Consumer Reports, J.D. Powers, Edmunds, etc. Many German cars have slipped badly for reliability.

This approach has paid off large. I change oil every 10,000 miles and have had to do little else with my cars.

I agree that's why I just bought a 2021 Mazda CX-5, my previous 4 cars were Acura Tl's. The quality of the Acura brand has dropped considerably in the last decade.

jrzeis@tampabay.rr.com 04-17-2021 12:44 PM

I read several articles a couple of years ago that said the thinking of the past was that if you wanted a fair return on trade-in plus reliability then purchase a luxury vehicle. That has all changed as the worst appreciation is now for luxury vehicles and the thinking has changed to put little emphasis on reliability and oriented towards cutting edge technology that you cannot get on lower end vehicles. The new thinking also goes that if you can afford to buy a higher end vehicle then you can afford to fix it. This also seems to be the on-going agreement among auto bloggers. If you have been paying attention, then you have probably noticed that the non luxury vehicle you can purchase today has most of the technology that was a test bed on luxury vehicles from three or four years ago. My conclusion is that only reason for buying a high end vehicle these days is because you think you want a so called status symbol and for those that always have to have the latest technology.

Aces4 04-17-2021 01:24 PM

Quote:

Originally Posted by jrzeis@tampabay.rr.com (Post 1931355)
I read several articles a couple of years ago that said the thinking of the past was that if you wanted a fair return on trade-in plus reliability then purchase a luxury vehicle. That has all changed as the worst appreciation is now for luxury vehicles and the thinking has changed to put little emphasis on reliability and oriented towards cutting edge technology that you cannot get on lower end vehicles. The new thinking also goes that if you can afford to buy a higher end vehicle then you can afford to fix it. This also seems to be the on-going agreement among auto bloggers. If you have been paying attention, then you have probably noticed that the non luxury vehicle you can purchase today has most of the technology that was a test bed on luxury vehicles from three or four years ago. My conclusion is that only reason for buying a high end vehicle these days is because you think you want a so called status symbol and for those that always have to have the latest technology.

Have you ever ridden in a high end vehicle vs a low end vehicle? Try it, your bones will thank you.:)

jimjamuser 04-17-2021 05:16 PM

Quote:

Originally Posted by bobdeb (Post 1930875)
Absolutely correct. However, some are far worse investments than others.

I haven't always made the best choices of vehicles in my life (Remembering my red '65 MGB for driving up north, and my Ex wanted an AMC Pacer. They're both gone now...) but I'm more sensible now, and arguably more boring... lol

I'd probably want that MGB back now though...

I would drive an AMC pacer around. It is such an unloved outlier that I find it "COOL"!

JoelJohnson 04-17-2021 05:24 PM

Stay away from Nissan, they are in trouble.

Nucky 04-17-2021 05:36 PM

The SUV that I took a beating on was in 2003. I almost had a bad outcome during a hospital stay in N.J. and when I got home my step son said why don't you buy that Hummer that you've been watching for a while.

Before you knew it it was in the driveway. As far as we can figure it was a 2003 H2. It had everything and MSRP was about $59,000 to the best of our memory. After three months I had enough already and started looking to get rid of my dream, gotta have it now, can't live without it another day vehicle.

It was a rough lesson but I probably made up the money I lost on that mistake on the vehicles I've bought since. My two favorites were a 2019 Ford Flex and a Ford Excursion Ultimate with a V-10. I have no figures to offer but feel like those two gave me pretty good bang for the buck.

I traded in the Hummer on a Mini Cooper. Go figure.

I own a 3-year-old $20,000 car now that will hopefully last me till the end of my life. All in all, I'd rather ride in our Golf Cart anytime.

Great subject OP. Brought back a lot of memories. Some good some bad. Thank You!!


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