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Derek Sutton · 10-22-2012, 09:13 PM

I guess it's how you look at it and the terminology you use. Really what you are doing is avoidning the depreciation, as soon as you drive a brand new vehicle off of the lot the value drops and yourdown money say $8000 on a $40, 000 car. But when you buy something a few yrs old the value really doesn't change once you purchase it.

I'm currently drooling over the new Ford Explorers (and Durangos and X5's and etc...) and found one that had only been in service for 9 months, a 2012 model for under 30k so it is about 10k less then brand new, to me I would be saving 10k buy buying used. Luckily for me my wife is very level headed and said we don't need a new SUV even if we would be saving 10k, it would still be spending 30k just because I like the looks of it.

10-22-2012, 09:13 PM	#64
Derek Sutton First Line Centre Join Date: Nov 2010 Location: Sunnyvale Exp:	I guess it's how you look at it and the terminology you use. Really what you are doing is avoidning the depreciation, as soon as you drive a brand new vehicle off of the lot the value drops and yourdown money say $8000 on a $40, 000 car. But when you buy something a few yrs old the value really doesn't change once you purchase it. I'm currently drooling over the new Ford Explorers (and Durangos and X5's and etc...) and found one that had only been in service for 9 months, a 2012 model for under 30k so it is about 10k less then brand new, to me I would be saving 10k buy buying used. Luckily for me my wife is very level headed and said we don't need a new SUV even if we would be saving 10k, it would still be spending 30k just because I like the looks of it. __________________ The only thing better then a glass of beer is tea with Ms McGill Last edited by Derek Sutton; 10-22-2012 at 09:29 PM.