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

Posted on 4/22/15 at 7:03 am to
Posted by MisterFaster
Baton Rouge
Member since Mar 2009
1070 posts
Posted on 4/22/15 at 7:03 am to
I love my fully loaded 2015 Accord, and my last car was a 2007 Infiniti G35.
Posted by CharlesLSU
Member since Jan 2007
31890 posts
Posted on 4/22/15 at 7:06 am to
VW CC or Passat V6 SEL.....may have to go to 32k, but you could get them new and they give you German Engineering and ride.

they compared the Accord and Passat in road tests and the Honda was blown out of the water btw.
Posted by Sofa King Crimson
3rd Ward
Member since Nov 2008
4134 posts
Posted on 4/22/15 at 7:29 am to
the maintenance on MB is insanely expensive. Not so much on Hondas.
Posted by yellowfin
Coastal Bar
Member since May 2006
97620 posts
Posted on 4/22/15 at 7:30 am to
Certified is a marketing gimmick
Posted by Gaston
Dirty Coast
Member since Aug 2008
38947 posts
Posted on 4/22/15 at 7:30 am to
We bought a 2009 528i in 2011 through the CPO program and we love it. I'd rather have it than a brand new Accord. We were coming from a Camry that we had bought new and I hated that POS. Our 528i cost a bit more than $30k, but it wasn't 40. I probably wouldn't buy a 4 cylinder 528 though, I'd bite the bullet and get the turboed inline 6. Ours has the naturally aspirated inline 6 and they offered that with a manual transmission, though they were damn near impossible to find and I had to fly 1400 miles to get it. BMW dealerships won't trade each other for CPOed cars, so you have to do that on your own.
Posted by CidCock
Member since Sep 2007
Member since Feb 2011
8631 posts
Posted on 4/22/15 at 7:31 am to
I had a 20k budget when I got the wife's last year, was looking at low mileage accords and ended up with private party Acura TSX. It was a few years older, but just felt so much nicer on the interior.

Posted by Gaston
Dirty Coast
Member since Aug 2008
38947 posts
Posted on 4/22/15 at 7:35 am to
quote:

Certified is a marketing gimmick


I'd agree to an extent, but having the car purchased (leased) and serviced (free) at the same dealership you buy from offers a bit of security that it isn't a lemon that has been passed around. I got to see all of the records from BMW on everything that was changed as part of the CPOed processes, and the dates and milages for all of the services. But really I don't think it's too much difference than a car that has been serviced at a dealership through the lease or ownership period. I still had to clean the interior after I bought it, so that says something about the level of prep the car went through.

I quit using the dealership for service when the CPO free service was up, I think you can find better qualified folks at a indy.
This post was edited on 4/22/15 at 7:37 am
Posted by slackster
Houston
Member since Mar 2009
84758 posts
Posted on 4/22/15 at 7:43 am to
quote:

Sliding into a fine piece of pussy for the first time, for one.



Let us know when it happens to you!

Zing!
Posted by slackster
Houston
Member since Mar 2009
84758 posts
Posted on 4/22/15 at 7:45 am to
quote:

If the older car is certified then I'd get the older car.


They've done a few comparison test in Car & Driver, and most of the time the new auto beats the pants off of the older vehicle.

Posted by 632627
LA
Member since Dec 2011
12731 posts
Posted on 4/22/15 at 8:14 am to
quote:

by yellowfin
Certified is a marketing gimmick





The primary benefit is the extended factory warranty that comes with the car. It is also nice to know that the car has gone thru an inspection and has met a threshold of standards. No way I'd buy an out of warranty German luxury car from some random used car lot.
Posted by Will Cover
St. Louis, MO
Member since Mar 2007
38531 posts
Posted on 4/22/15 at 8:35 am to
quote:


Certified is a marketing gimmick




You sir, get an up vote.

Posted by CatsGoneWild
Pigeon forge, Tennessee
Member since Jan 2008
13300 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 achenator
Member since Oct 2014
2944 posts
Posted on 4/22/15 at 8:56 am to
All this Camry and Accord talk. Not everyone wants to drive an appliance.
Posted by LSUtigerME
Walker, LA
Member since Oct 2012
3792 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.
Posted by CatsGoneWild
Pigeon forge, Tennessee
Member since Jan 2008
13300 posts
Posted on 4/22/15 at 10:03 am to
All 28 I found was the ex L version. Of those 28, 8 of them had v 6's. The v 6 ones were $25k. He never said anything about if he wanted a 4 banger or 6 cylinder or 2 or 4 door. I typed in accords with leather under 15 k miles and found 28 within 200 miles of me.
Posted by HooDooWitch
TD Bronze member
Member since Sep 2009
10266 posts
Posted on 4/22/15 at 10:14 am to
Before buying the high end used figured out if any maintenance is covered in the future and what the warranty is. The cost to drive those European cars can be painful. Lexus not as bad. All probably require high octane fuel. We replace a door panel on a 2010 7 series six months ago and the panel alone was $1000. And had to get one from Germany. Accord is boring but smart
Posted by seawolf06
NH
Member since Oct 2007
8159 posts
Posted on 4/22/15 at 3:30 pm to
quote:

Certified is a marketing gimmick


Truth. Compare CPO to non-CPO and you'll save a few thousand dollars. Buy an aftermarket warranty if you're that concerned about it. At least you can pay those over time instead of all at once. Anyone who doesn't know that the dealership inspections are a joke is downright ignorant.
This post was edited on 4/22/15 at 3:31 pm
Posted by Sev09
Nantucket
Member since Feb 2011
15557 posts
Posted on 4/22/15 at 3:40 pm to
quote:

3 year old luxury car


quote:

Do you go with a new say maxed out 2015 Honda Accord with leather seats, etc. or say a 2012 version of any of the following: Benz E350 or BMW 528 or Lexus LS 450?


Easiest question of my life.
Posted by WDE24
Member since Oct 2010
54132 posts
Posted on 4/22/15 at 3:47 pm to
quote:

I've leased fifteen new vehicles since 1992 as an alternative to ownership.
To each his own. I am value shopper when it comes to vehicles and I couldn't imagine spending that much money on transportation.
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