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would you ever buy new cars?

M

miketheidiot

Lifer
link.

Would you ever buy a new car? I don't really seee the appeal of it, especially in the cause of the linked to OP's, who doesn't even own a house and has a pile of debt yet drops 50k on new cars. Those new cars are going to be old in a year anyways, why not save a years (or several years) worth of depreciation?
 
not a new car, the only new one im considering is 34k, no thanks. besides, imho, the new cars are just plain fugly.
 
No but not for any of the choices you listed. I can spend the same amount buying a "new car" and get a much better one..or spend less money and get one of equivalent value.

The question really is worded kind of badly though.

I can spend $15k on a *new* Scion or $70k on a *used* Carrera..new/used doesn't mean much without any context to it.
 
I bought a new car (truck actually) once. I'll never do it again. I paid $20k for an S-10 extended cab. Traded it in for a Mercedes with 41k miles. The Mercedes cost the same as the S-10, is a MUCH nicer vehicle and will still be running fine for years after that S-10 has been recycled into a beer can.
 
A new car is usually dependable, under warranty, may be more fuel efficient, etc. If you include all of that, they aren't as expensive as people think they are. The real key is to (a) buy a new car with little depreciation or (b) use the new car for 10-15 years.

For example, a Civic in its first 1-4 years would lose less in depreciation than most $10k+ used cars. Look at NADA price guides for proof.

 
The reason I would (and did) buy a new car was really for 2 reasons. Number one, I could afford it. Doing it when you can't is just silly, it's not a priority. The second reason is that I like to keep cars for a long time, and I've had a lot better luck with new cars than used ones. Who knows what the previous owner did to it. And problems won't always show up right away.
 
i don't like the idea of buying new cars because they depreciate so much. but i bought my tc new off the lot. it was for the wife and she wanted new. the tc is great, and a lot for the money compared to other similiarly priced new cars, but for the money i could have got a used bug-eyed wrx.
 
If I had pretty much all necessities taken care of in life, as far as financial concern goes and had nothing else better to waste money on, I would consider a new car, definitely. Otherwise, no way!
 
I did once, but probably won't do it again. Last two cars I got were one year old and 40% less than a new one. I like the combination of huge first-year depreciation and good reliability. The first one I kept for nine years and plan on keeping this one as long.
 
I plan to buy a new car next year sometime, when I'm done with college, have settled in to a new apartment, and have saved a little scratch.
 
Probably not. Used cars have always been a better value, at any point on the spectrum. Even if you want to buy a luxery vehicle, you can save a good chunk of money by going used.

Just do your research, make sure everything is checked out, and you won't get burned.
 
I ALWAYS go for bang for the buck, and cars are no exception. After over thirty years of driving, I've NEVER purchased a new car. I work on 'em myself, so I buy ones with a proven track record, and are easy and cheap to fix. They are simply tools for transportation, and will die over time.

Furniture is another story. I mean other than upholstered furniture. I buy that new or used, and buy the best I can afford. It holds its value over time, and I intend for my grandchildren to be using the same pieces we bought when first married. Just doesn't work that way with cars.
 
Yes, I bought a new car 2 years ago.
Most likely I'll never look back to used cars for my primary vehicle ever again.
 
Any decent car doesnt really depreciate that much in the firsst couple years of it's life. ANd when you buy used, you never know what kind of crap someone did to it. I'd go for new every time.
 
I'm fan of leasing. My household has the income to support it and I like not ever having to worry about dropping a dime in maintanence short of oil changes and I'm never out of warranty.

Lease a low depreciating vehicle at a good money factor and a residual that works in your favor and it's a much better deal than many people will give it credit for.
 
I only get used cars. I don't like most new cars, and the ones I do like (which generally fall in the $70k+ bracket) are out of my price range. Besides, I would hate having some generic new car just like everyone else's - I don't want to ever go out in a parking lot and see 10 cars that look just like my own. There's no individuality in most new cars, IMO.

Any retard can have a new car that's in good shape, but having a car that's 15-20 years old that still looks good is uncommon. I get compliments probably weekly on my Trans Am, and it's not exactly in "excellent" shape, although it is in decent condition for its age and mileage (18 years old, 141k miles). It stands out, looks good (IMO) and is not a theft magnet. Parts for that car don't cost $hit, so no professional thief wants to go to the trouble of stealing it.
 
Originally posted by: vi_edit
I'm fan of leasing. My household has the income to support it and I like not ever having to worry about dropping a dime in maintanence short of oil changes and I'm never out of warranty.

Lease a low depreciating vehicle at a good money factor and a residual that works in your favor and it's a much better deal than many people will give it credit for.
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ballloooon payments?
 
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