I guess the difference with us is that we buy our cars with cash. We don't lease them, and we don't finance them. We also look to keep them long term if possible, which is why reliability and fewer repairs is important. We are very much in favor of buying used and letting someone else take the depreciation hit.
It's amazing to me what one can buy today. $38k for a 2004 Mercedes SL500 that originally sold for $95k...but what will the repair costs be?
$40k for a new Honda is ridiculous.
It's amazing to me what one can buy today. $38k for a 2004 Mercedes SL500 that originally sold for $95k...but what will the repair costs be?
$40k for a new Honda is ridiculous.

