I have a question about depreciation rates...although different brands depreciate at different rates (i.e. Honda vs. SAAB) what is generally the rule about the best milage to minimize depreciation loss...
For example the depreciation rate is huge right when you drive a car off the lot...losing 20%? in depreciation...so buying a new car doesn't make sense from a depreciation POV, better to buy a 1 year old car...are there other times when buying a car with a certain milage makes good sense or not?
My example is I bought a car with 200k on it for X and now with 260k on it the most I could sell it for is 1/2 X...so the rate of depreciation after 200k was huge...
I just want to know if there is a good/bad milage time to buy, regardless of brand
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