Quote:
Originally Posted by QuadCityImages
New cars don't lose a third of their value when you drive off the lot anymore. Compare these 2 Ford Focuses... Foci... whatever.
Both black 2013 SE Sedans.Neither has leather or anything to out of the ordinary. One's used with 16k miles, the other is new with 7 miles. Difference in price? $1600. When you factor in Ford customer cash or rebates, the durability of the car used up over 16,000 miles, better financing rates, and the way dealerships treat new car owners, and the intangible fun of being the first owner of a car, I think that's pretty easily worth the difference.
New: http://cgi.ebay.com/ebaymotors/2013-...ht_2988wt_1166
Used: http://cgi.ebay.com/ebaymotors/SE-2-...t_19999wt_1166
Its pretty obvious that the used one is going to go for farther below asking than the new one, but we're not talking several thousands of dollars difference here. |
You can't be serious. First, the used one is overpriced. More importantly, you're looking at one car in Illinois and one car in Montana. There would be supply and demand differences and regional pricing differences. Finally, buying a car a few months old isn't going to save you near as much as a used car three- or four-years old.
You could make a lot of compelling arguments in favour of buying new over used, but you are the first person I've ever seen claim there isn't a price difference. One example with obvious flaws doesn't negate the millions of other examples I could spend all year pulling up and posting that definitively and indisputably illustrates used is far less expensive than new. Particularly when the sweet spot for used I've been espousing is the two- to four-year mark, not the four-month mark where clearly a used car will have suffered less depreciation.