Quote:
Originally Posted by Flames in 07
who cares about the price, the cost of ownership is what matters, for which the purchase price is just one piece.
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It all depends on how long he plans to own the car.
The problem is that depreciation tends to affects more expensive versions of cars more so than basic/mid-level models. Options and upgrade packages matter much less on the used market, and that extra 10k he spent will be whittled down pretty fast when he wants to sell that car. It's sort of like having the most expensive house on the block....it will never be worth what you payed for it, because nobody with your budget is looking in that neighborhood.
But hey, if the loaded Corolla is what he wanted, and for him that is what makes him happy, who am I to judge. It's not what I wouldve bought with that money, but I can't really blame anyone for wanting such a reliable and solid car.