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re: Car buying preference: 3 year old luxury car or new ordinary car?

Posted on 4/22/15 at 8:42 am to
Posted by CatsGoneWild
Pigeon forge, Tennessee
Member since Jan 2008
13415 posts
Posted on 4/22/15 at 8:42 am to
I guess alot of people didn't see my post....U can buy a 2014 or 15 for $22 k fully loaded with less than 10 k miles. Why pay $30k?
"I just typed up 2014 and 2015 accords on auto trader with less than 15 k miles, with leather, under $26k price, and came up with 28 cars within 200 miles of me. a good percentage of them were around $22 k for either 4 or 2 door and most of them had less than 10 k miles. Some with less than 2 k miles. Buy a year old one and save huge and keep the warranty. "
Posted by Croacka
Denham Springs
Member since Dec 2008
61441 posts
Posted on 4/22/15 at 8:45 am to
An accord doesn't depreciate 8k with 10,000 miles


the cars you are finding originally sold for less than 30k most likely


Popular used vehicles don't depreciate like you people preach they do

Those same people also like to look at MSRP when discussing depreciation, which no one in their right mind pays
Posted by LSUtigerME
Walker, LA
Member since Oct 2012
3815 posts
Posted on 4/22/15 at 9:01 am to
quote:

I guess alot of people didn't see my post....U can buy a 2014 or 15 for $22 k fully loaded with less than 10 k miles. Why pay $30k?
"I just typed up 2014 and 2015 accords on auto trader with less than 15 k miles, with leather, under $26k price, and came up with 28 cars within 200 miles of me. a good percentage of them were around $22 k for either 4 or 2 door and most of them had less than 10 k miles. Some with less than 2 k miles. Buy a year old one and save huge and keep the warranty. "


You do know they make more than one model with leather right?

4 cyl EX-L, EX-L w/ Nav
6 cyl EX-L, EX-L w/Nav, Touring

That varies the price quite a bit. The "$30k" Accord is at minimum a V6. Nav MSRP is about 32k, Touring 34k.

Your post is useless without that information. My V6 EX-L w/ Nav was purchased for about $28k, brand new. I even totaled one 9 months after purchase and made money through the insurance valuation.

You may be able to find a better slightly better deal on a 10k Miles used car, but a Honda is not going to depreciate as much as you imply.
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