Quote:
Originally Posted by MickMcGeough
Yeah, I can understand that. But that's exactly my point. You're spending thousands on something completely intangible and not directly related to the value of the vehicle. You're not paying for a vehicle, you're paying for peace of mind or that new car smell or just being able to say you drive a brand new car.
But as an investment, it's as bad as they come.
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How is a used car a good investment? Any vehicle purchase is a bad investment.
Thousands of dollars in the big picture is not a lot of money and I'd rather buy a car and have the latest in technologies. The difference between now and three years ago is huge in the car industry.