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re: Who here bought a new car before they were thirty?
Posted on 9/15/15 at 7:29 am to To the Dome
Posted on 9/15/15 at 7:29 am to To the Dome
I am 27 and have never bought a vehicle at all in my life. Bought a house 2 years ago but still driving the 12 year old truck my parents gave me in college.
0
Posted on 9/15/15 at 7:30 am to To the Dome
Sentra
$123/month
$123/month
Posted on 9/15/15 at 7:39 am to The First Cut
If people like me didn't buy new cars, poor people like you wouldn't have used cars to buy. So instead of lecturing about depreciation, maybe you should be thanking people more.
Posted on 9/15/15 at 7:45 am to p0845330
quote:
I won't waste that kind of money anymore, but it was a great investment.
Hmmmmmm
Posted on 9/15/15 at 7:47 am to To the Dome
quote:
right out of college?
quote:
before... 30
There's a nine year gap there for me.
And yes, I did.
Posted on 9/15/15 at 7:48 am to To the Dome
2 before 30
Posted on 9/15/15 at 7:50 am to To the Dome
Bought my first new car at 29. First house at 30. OT poor 
Posted on 9/15/15 at 7:51 am to thegreatboudini
Truth is, if you want something very specific you will either have to buy used since they discontinued what you wannt, or you will have to buy new since there are none on the used market. One shoe doesn't fit all.
Posted on 9/15/15 at 7:51 am to CaptainsWafer
I got a used jeep at 22, probably going to buy a new jeep at 26.
Posted on 9/15/15 at 7:52 am to thegreatboudini
(no message)
This post was edited on 9/15/15 at 8:20 am
Posted on 9/15/15 at 7:56 am to willIAM wALTER
Rich people are rich because they spend their money wisely. You are correct about needing fools to take that depreciation hit though. 
Posted on 9/15/15 at 8:00 am to The First Cut
quote:
Rich people are rich because they spend their money wisely.
I know absolutely no person that I would consider "rich" that buys used vehicles. So take that for what it's worth. I mean, I guess I know a few that have bought collector cars that were used, or an extra F250 to pull their boat that had a few miles on it. But none that have a daily driver that was used. There's no point in having money if you still have to live like a poor.
Posted on 9/15/15 at 8:06 am to willIAM wALTER
Never bought a new car, and I'm 36. But the itch, I'm getting it.
Posted on 9/15/15 at 8:12 am to thegreatboudini
quote:
Registered on: 10/3/2008
God dammit
Posted on 9/15/15 at 8:42 am to SG_Geaux
quote:
Meh whatever. Depends on how long you keep it.
No it doesnt. Buying a new car over a slightly used car just means you are paying a premium for a right to incur most of the depreciation. No matter how long you own it.
Posted on 9/15/15 at 8:47 am to Hester Carries
quote:
No it doesnt. Buying a new car over a slightly used car just means you are paying a premium for a right to incur most of the depreciation.
I paid 52,500 for this same truck 2 years ago, it obviously hasn't depreciated much
LINK [FORD[F250[F250%257CLariat]][]]&listingId=408972676&Log=0
Posted on 9/15/15 at 8:59 am to The First Cut
You keep saying this but have provided no links to back this up. And I could make that graph in MSPaint, that also proves nothing.
Posted on 9/15/15 at 9:01 am to yellowfin
People take the "your car depreciates X amount when you drive it off of the lot too literally". Like you showed in your link, they are still listing them damned close to what you bought if for new. If you went to trade it in, you would take a huge hit though. Trade in value IS NOT the vehicle's value. So if you go to trade it in 3 months after you bought it and they offer you 15% less than what you paid, it's not because the vehicle depreciated that much. It's because they need to make that money on their sale at the dealership. They are going to list it at 2% below new price.
Posted on 9/15/15 at 9:12 am to To the Dome
Bought my first new vehicle in 1986; I was 24.
Posted on 9/15/15 at 9:14 am to To the Dome
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