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Old 11-12-2019, 03:05 PM   #48
you&me
Powerplay Quarterback
 
Join Date: Nov 2017
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The problem nearly every buyer forgets when looking at used cars is that while the car depreciates, the parts and labour costs do not.

Whether you need to replace a part on a 6 month old, or 6 year old car, the part is the same, the cost of the part is the same and the cost of labour is the same. When the car is under warranty it's not as obvious (mostly because you're not paying for it) but it's something that a lot of consumers completely overlook...

For example, AFC's SL500 - That was a $130,000 car when it was new and the price for parts is commensurate to the price when new... So just because the value of the car is now ~1/5 of the new price, the same discount is not applied to parts and labour... You're still paying to service a $130k car.
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