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Started By
Message
Buying New vs Used: Does new make more sense?
Posted on 5/22/17 at 6:11 pm
Posted on 5/22/17 at 6:11 pm
It seems that most everyone in the OT prefers to buy used and considers it a waste to buy new.
In what instances do those here consider it better to buy new??
I'm about to buy a new car (in the next few months) and here are some of the reasons it didn't make sense to me to buy used:
1) the model is new (design, engine) in 2017. There isn't a comparable used model
2) it's kind of a rare car so it's not going to depreciate much unless it has mechanical issues within its first couple of years
3) I plan to keep the car for at least 4 years. I have a short commute (6-7 minutes) so I don't anticipate putting more than 12.5k miles on it per year so it will be under warranty for the full 48 months. (48 months or 50,000k miles)
4) it's expensive as hell to maintain (e.g. ~$1400-$1600 for new tires). Can I afford to maintain it without a warranty? Yes, but why would I buy used when the difference could potentially be less than the maintenance costs?
In what instances do those here consider it better to buy new??
I'm about to buy a new car (in the next few months) and here are some of the reasons it didn't make sense to me to buy used:
1) the model is new (design, engine) in 2017. There isn't a comparable used model
2) it's kind of a rare car so it's not going to depreciate much unless it has mechanical issues within its first couple of years
3) I plan to keep the car for at least 4 years. I have a short commute (6-7 minutes) so I don't anticipate putting more than 12.5k miles on it per year so it will be under warranty for the full 48 months. (48 months or 50,000k miles)
4) it's expensive as hell to maintain (e.g. ~$1400-$1600 for new tires). Can I afford to maintain it without a warranty? Yes, but why would I buy used when the difference could potentially be less than the maintenance costs?
This post was edited on 5/22/17 at 7:34 pm
24
Posted on 5/22/17 at 6:11 pm to Pecker
quote:
the model is new (design, engine) in 2017. There isn't a comparable used model
What make model are you getting?
Posted on 5/22/17 at 6:12 pm to Pecker
quote:
I'm about to buy a new car
Don't.
Posted on 5/22/17 at 6:12 pm to Pecker
Don't be a pecker, tell us what you're getting. 
Posted on 5/22/17 at 6:13 pm to Pecker
ill advised brag thread, this is.
This post was edited on 5/22/17 at 7:24 pm
Posted on 5/22/17 at 6:15 pm to Pecker
quote:
the model is new (design, engine) in 2017
quote:
it's not going to depreciate much unless it has mechanical issues within its first couple of years
LoL
Posted on 5/22/17 at 6:15 pm to Pecker
You rotten pecker.
Almost any 2017 car will be available next year as a used car.
People die, get bored, need money, etc.
You have already made up your impatient mind to buy new.
Why ask a question when you've already decided?
Subtle brag [NOTED]
Almost any 2017 car will be available next year as a used car.
People die, get bored, need money, etc.
You have already made up your impatient mind to buy new.
Why ask a question when you've already decided?
Subtle brag [NOTED]
Posted on 5/22/17 at 6:18 pm to Pecker
quote:
In what instances do those here consider it better to buy new??
When it's a better value. DUH!!!
Posted on 5/22/17 at 6:19 pm to Pecker
Just went through the process. There's no flat answer for the process. Some brands are worth it to go new and others really arent
Posted on 5/22/17 at 6:21 pm to Pecker
quote:
2) it's kind of a rare car so it's not going to depreciate much unless it has mechanical issues within its first couple of years
False. Buy a used one.
Posted on 5/22/17 at 6:23 pm to Pecker
Just get a used on that's only about 5 years old and pay cash and half the price you would a new.
Invest the difference.
Invest the difference.
Posted on 5/22/17 at 6:29 pm to Pecker
quote:
Pecker
You remind me of a much less successful version of DBF
Posted on 5/22/17 at 6:31 pm to Pecker
The only reason to buy used is if they're discontinuing features you really value.
The only reason to buy new is if what you want isn't available on the used market.
I have one of each.
The only reason to buy new is if what you want isn't available on the used market.
I have one of each.
Posted on 5/22/17 at 6:36 pm to Pecker
Each situation is different, but the buy used crowd def likes to use info from 20 years ago as a talking point.
Buying a used truck in the last five years is just dumb unless you are looking at something over five years with a lot of miles and you know how to fix things
Buying a used truck in the last five years is just dumb unless you are looking at something over five years with a lot of miles and you know how to fix things
Posted on 5/22/17 at 6:42 pm to Pecker
You can get a 2015 Carrera S nicely equipped with around 7,000 miles for around $85k now...original MSRP runs around $135k...
Posted on 5/22/17 at 6:44 pm to Pecker
quote:
so it will be under warranty for the full 48 months. (48 months or 50,000k miles)
4) it's expensive as hell to maintain (e.g. ~$1400-$1600 for new tires). Can I afford to maintain it without a warranty? Yes, but why would I buy used when the difference could potentially be less than the maintenance costs?
It's cheaper to maintain a car than to buy a new one. If you can really afford a brand new AMG, you can easily maintain an older car.
Also, if you are only keeping the car for the warranty period, why not just lease it?
Posted on 5/22/17 at 6:52 pm to Pecker
I always buy my condoms new instead of used
Posted on 5/22/17 at 6:59 pm to Pecker
It's really amazing for a board full of ballers that everyone on the OT drives beaters for 300,000 miles
Posted on 5/22/17 at 7:10 pm to Pecker
quote:
2) it's kind of a rare car so it's not going to depreciate much unless it has mechanical issues within its first couple of years
you got it perfectly backwards...the more rare, the more it depreciates...they don't make many for a reason, they can't sell many.
if you want the new car, go for it, but don't pretend it's not bad economics
Posted on 5/22/17 at 7:12 pm to Pecker
Don't listen to the OT. If you want new and can afford it, get new.
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