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re: Since we are talking cars.....what is the line between buying a new or used?

Posted on 6/10/15 at 8:42 am to
Posted by GaryMyMan
Shreveport
Member since May 2007
13498 posts
Posted on 6/10/15 at 8:42 am to
quote:

If you are buying a luxury brand, the best deals are cpo.

Yep. I got my wife a CPO Lexus RX350 for half of what they cost new, and the warranty is for 3 years or 40,000 driving miles. And the same body style as the new one.


It's frustrating when people are solidly in the "new" or "used" camp - there is so much gray area depending on make/model. And today's used cars are barely broken in at 100,000 miles. Even my crappy '07 Yukon has only required minimal maintenance to get it to 125k so far - I bought it for $23k 70,000 miles ago.
Posted by Coach Guidry
Member since Nov 2007
2333 posts
Posted on 6/10/15 at 8:56 am to
quote:

Odyssey's are bloody expensive


They are def. on the higher side in the van catergory, but its the best.
Posted by seawolf06
NH
Member since Oct 2007
8159 posts
Posted on 6/10/15 at 12:05 pm to
quote:

Furthermore, you get about an extra 3mpg on the newer car which saves a little extra money.


Total BS

quote:

2015 Camry LE = $22,800/13 = $1,754/yr
2011 Camry LE = $14,300/9 = $1,589/yr (I divide by 9, because the car is already 4 years old)


How many people own the car for it's life? Most people get into a cycle of 3-5 years of ownership. If you divide both total values by the same number, you will get a much bigger difference.

I do agree that it is not as clear cut for every situation as some people make it out to be.
Posted by CoachRobertson
Denham Springs
Member since Dec 2014
364 posts
Posted on 6/10/15 at 12:30 pm to
Go with Sedona, more warranty, more features, comes with 5years roadside assistance standard, and smooth ride IMO
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