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

Posted on 4/21/15 at 10:25 pm
Posted by East Coast Band
Member since Nov 2010
62762 posts
Posted on 4/21/15 at 10:25 pm
Say you've got about $30k to drop on a new to you vehicle.
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?

I say go with the three year old vehicle.

Or maybe a simpler question is what vehicle would you buy for $30,000?

OT ballers need not reply. I don't need to know what you would buy for your 15 year old now who won't drive for at least a year.
Posted by HurricaneDunc
Houston
Member since Nov 2008
10472 posts
Posted on 4/21/15 at 10:26 pm to
New luxury car
Posted by hg
Member since Jun 2009
123616 posts
Posted on 4/21/15 at 10:28 pm to
2015 Honda Accord
Posted by CatsGoneWild
Pigeon forge, Tennessee
Member since Jan 2008
13304 posts
Posted on 4/21/15 at 10:29 pm to
I would buy a 1 or 2 year old vehicle. You can find Mercedes and Lexus and BMW for under 30k. They depreciate like crazy. I would buy an audi or Lincoln mkz or sports car
Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
134860 posts
Posted on 4/21/15 at 10:29 pm to
New car.

Lower maintenance and fuel costs are the kicker.
Posted by FT
REDACTED
Member since Oct 2003
26925 posts
Posted on 4/21/15 at 10:29 pm to
Are you trying to like the mechanical sensation of the car, as well as save money?
Posted by Halftrack
The Wild Blue Yonder
Member since Apr 2015
2763 posts
Posted on 4/21/15 at 10:30 pm to
Naw man. I want an 8 year old 7 series BMW with 210,000 miles on it for $4,500. Now, that's a deal!
Posted by CE Tiger
Metairie
Member since Jan 2008
41584 posts
Posted on 4/21/15 at 10:30 pm to
quote:

2012 version of any of the following: Benz E350 or BMW 528 or Lexus LS 450?


still not getting those for 30k
Posted by Dead End
Baton Rouge
Member since Aug 2013
21237 posts
Posted on 4/21/15 at 10:30 pm to
1-2 year old car.
Posted by VaBamaMan
North AL
Member since Apr 2013
7651 posts
Posted on 4/21/15 at 10:30 pm to
Depends on vehicle and deal. Really is that simple. Hunt until you find the right one. Whatever it is. I would advise certified used no matter what though.
Posted by soccerfüt
Location: A Series of Tubes
Member since May 2013
65628 posts
Posted on 4/21/15 at 10:30 pm to
New car. All day.

Longer warranty for the new one versus what could be a lemon, lower insurance costs (slightly) and better gas mileage to boot.

The Honda Accord is a good choice.

EDIT: I agree on the underpricing of the used cars you listed. Maybe a '12 ES 350 low miles, but not a £S450.
This post was edited on 4/21/15 at 10:33 pm
Posted by FT
REDACTED
Member since Oct 2003
26925 posts
Posted on 4/21/15 at 10:31 pm to
quote:



still not getting those for 30k
Of course you are.
Posted by jefffan
Florence- Sumter- Columbia, SC
Member since Sep 2013
4971 posts
Posted on 4/21/15 at 10:32 pm to
If you're planning on keeping the car longer than 3 years get the newer car.

frick buying german luxry.
Posted by CatsGoneWild
Pigeon forge, Tennessee
Member since Jan 2008
13304 posts
Posted on 4/21/15 at 10:32 pm to
I would never spend 30k for a accord. Buy a 1 year old of that with low miles and save tons
Posted by Marco Esquandolas
Member since Jul 2013
11425 posts
Posted on 4/21/15 at 10:35 pm to
Until you have owned them for a few years, you have no idea how expensive properly maintaining a German auto can be.
Posted by wildtigercat93
Member since Jul 2011
112312 posts
Posted on 4/21/15 at 10:35 pm to
Depends on what you want for the car
Posted by Croacka
Denham Springs
Member since Dec 2008
61441 posts
Posted on 4/21/15 at 10:39 pm to
A one year old accord with low miles is gonna yield almost no savings vs a new one
Posted by G Vice
Lafayette, LA
Member since Dec 2006
12918 posts
Posted on 4/21/15 at 10:39 pm to
Avoid the German brands because of their ridiculously high maintenance costs. You are not getting a deal on a Benz or a BMW that is a few years old. Forget the MSRP "savings" at this point as your frame of reference. No, you are just that much closer to paying big bucks for one or more major service intervals, and that means $$$.

ETA: I would easily spend 30K on a Honda Accord before spending 20K on a used Mercedes or BMW.
This post was edited on 4/21/15 at 10:42 pm
Posted by East Coast Band
Member since Nov 2010
62762 posts
Posted on 4/21/15 at 10:43 pm to
I certainly prefer Japanese cars over European cars.
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