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re: Who here bought a new car before they were thirty?
Posted on 9/15/15 at 9:16 am to yellowfin
Posted on 9/15/15 at 9:16 am to yellowfin
quote:
I paid 52,500 for this same truck 2 years ago, it obviously hasn't depreciated much
That car has 13K miles on it. And is being listed by a dealership (which has to turn a profit).
Call me when it sells for that.
1
Posted on 9/15/15 at 10:00 am to Hester Carries
quote:
That car has 13K miles on it. And is being listed by a dealership (which has to turn a profit).
I bought mine 2 years ago from a dealership with 7 miles on it
quote:
Call me when it sells for that.
Even if they come off that price it still isn't close to the "15% depreciation when you walk out the door" number some posters are throwing around
Posted on 9/15/15 at 10:08 am to yellowfin
At one year, our 4Runner has depreciated 7%. This is based off of the sale price and current NADA with the VIN.
So much for that immediate 15%.
So much for that immediate 15%.
Posted on 9/15/15 at 10:38 am to CaptainsWafer
1997 Jeep Wrangler Sport in 1997. 18 years later, can't say I can complain. Parts are cheap. Easy to fix. Fun to tinker with.
Got it for 19,400 in 97. So, roughly 1,300 a year, not including maintenance which is hard to figure out since I've used it quite a bit off-road. Purely parts not related to abuse, I'd say under 5,000 for those 18 years. Lifetime on most parts I've bought at Autozone/Advanced/Oreilly so I've only had to purchase once.
Overall, about 135 bucks a month (including items like seals, engine - offroad problem but I'll include, ujoints, brakes, radio, radiator, alternator, starter, top, etc) if you divide it out. Don't plan on selling it. Just replaced the motor. Touch up the paint and I could probably get 5000-6000 for it without blinking an eye. Not too shabby.
Got it for 19,400 in 97. So, roughly 1,300 a year, not including maintenance which is hard to figure out since I've used it quite a bit off-road. Purely parts not related to abuse, I'd say under 5,000 for those 18 years. Lifetime on most parts I've bought at Autozone/Advanced/Oreilly so I've only had to purchase once.
Overall, about 135 bucks a month (including items like seals, engine - offroad problem but I'll include, ujoints, brakes, radio, radiator, alternator, starter, top, etc) if you divide it out. Don't plan on selling it. Just replaced the motor. Touch up the paint and I could probably get 5000-6000 for it without blinking an eye. Not too shabby.
Posted on 9/15/15 at 10:57 am to To the Dome
Bought a brand new Monte Carlo at 18.
Posted on 9/15/15 at 11:17 am to The First Cut
quote:
Rich people are rich because they spend their money wisely.
This is what poor people think.
Posted on 9/15/15 at 12:40 pm to CaptainsWafer
quote:
what are these
A 4x4 4 door tracker was 3k.
And a 1.5 gen xterra was 4k.
Both were/are driven nationwide.
Looking for a 4runner or sequoia currently.
Posted on 9/15/15 at 12:42 pm to Walt OReilly
Lol.
Posted on 9/15/15 at 1:58 pm to X123F45
Pics?
Posted on 9/15/15 at 2:02 pm to rpg37
quote:
Who doesn't? I mean, I am 28 and own two houses and own a car. That's nothing special...
Ya, but you live in MS
Posted on 9/15/15 at 7:14 pm to CaptainsWafer
quote:
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.
LINK
Posted on 9/15/15 at 7:17 pm to To the Dome
I was stupid and bought a new car 2 years out of school. I just had to have it. 
Posted on 9/15/15 at 7:28 pm to RedlandsTiger
You should've consulted with the OT. These guys buy cars that only depreciate 7% after two years of ownership. 
Posted on 9/15/15 at 7:33 pm to The First Cut
You really sound like such a loser. Keep up the good fight though.
Posted on 9/15/15 at 7:33 pm to To the Dome
I bought my first new car when I graduated from college at 23. I had a sales territory that covered parts of four states.
Posted on 9/15/15 at 7:43 pm to chinese58
Wait, the OP and his minions think everyone works at the local meat packing plant or Walmart. That's only 15 miles a day. Who needs a good reliable car that you might want to keep 10 years. LOL
Posted on 9/15/15 at 7:44 pm to To the Dome
Yep, note was 252$ a month.
Posted on 9/15/15 at 7:48 pm to QuietTiger
Paid cash for a brand new Harley at 28 one of the happiest days of my life. Drove old arse truck though as long as it got me to A to B when it was raining that's all I needed.
Posted on 9/15/15 at 8:18 pm to To the Dome
I bought a 94 Tercel when I was 26 years old. My father co-signed the loan but I paid the notes off early.
Posted on 9/15/15 at 8:18 pm to notiger1997
quote:
Wait, the OP and his minions think everyone works at the local meat packing plant or Walmart. That's only 15 miles a day. Who needs a good reliable car that you might want to keep 10 years. LOL
I commute like 80 miles a day. Once you couple in cross country trips, I've put 34k miles on my 13 year old suv in the last 9 months.
I'd drive mine to the panama canal tonight, a lot of people with new vehicles wouldn't.
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