How may of you have...

Status
Not open for further replies.
Yeah, paying $14K for something the dealer had less than $12K in and likely more like $10K is a smart buy.
Nobody wanted these things new so of course they're cheap used.
 
Yes, I think most buyers lease them. Then after a few years they're not worth much. The residual value of the car will be much higher than the market value. But the leasing company might offer a deal. It's kind if interesting looking at the amount of depreciation versus the market value of the car and which amount is higher.
 
Originally Posted By: PandaBear
Originally Posted By: Toros
If you don't understand the concept of depreciation you are an idiot and I'm not schooling you on it here.


Originally Posted By: Toros
Can't you come up with better than dopey anecdotal evidence?
Hondas kind of suck to many folks.


Maybe you should keep buying your used luxury European cars and leave other people alone? A lot of people are fine with boring reliable appliances bought new to be kept for 15 years.

I would never advise people to buy a used top of the line refrigerator instead of a new base model, but hey, to each of their own.


Depends on the price of the fridge. If it were a 1k fridge that was 2 years old selling for $300, I'd take that over a new one selling for $400. On the other hand if it were a 1k fridge that was $800 after a year, I'd probably stick with the $400 one. My advice always depends on the situation.
 
Originally Posted By: SatinSilver
Yes, I think most buyers lease them. Then after a few years they're not worth much. The residual value of the car will be much higher than the market value. But the leasing company might offer a deal. It's kind if interesting looking at the amount of depreciation versus the market value of the car and which amount is higher.


The leasing company is typically the manufacturer. They're actually discounting the cars but bury it in the residuals. I see people say that they're going to turn in an MB where the residual is 5k or more higher than the price at a dealer so even though the car was well taken care of, it didn't make any sense for the owner to buy it. Many other manufacturers do the same thing, it's one way to avoid offering large rebates, just have an artificially high residual and take the hit 3 years from now. A large residual means a lower monthly lease payment over a regular loan. A regular leasing company like a bank would use a real residual so that they end up making money on the deal. The leasing arm of the manufacturer doesn't care as much as long as they're selling cars.
 
Originally Posted By: geekster
Toros is like a fiesty angrier version of Pops....I like him...You're all idiots. lol

It appears Toros has been escorted off the property. I'm sure you can visit him, wherever he went.
 
Originally Posted By: kschachn
It appears Toros has been escorted off the property. I'm sure you can visit him, wherever he went.


I also think another relatively new person got the broom in another topic. Some of the wingnuts can be fun at first, but eventually they wind up just being annoying...
 
Originally Posted By: Wolf359

Depends on the price of the fridge. If it were a 1k fridge that was 2 years old selling for $300, I'd take that over a new one selling for $400. On the other hand if it were a 1k fridge that was $800 after a year, I'd probably stick with the $400 one. My advice always depends on the situation.


A fridge is a terrible example, because it IS actually just an appliance. I don't spend hours at a time inside my fridge, or expect it to haul things or protect me in a crash. $1000 is also just another level of purchasing. It is like comparing purchasing a fridge to a paper clip. The paperclip seems even more insignificant in comparison to the fridge.

For most people, a car and a home will be the most expensive things they buy in their life.
 
Originally Posted By: kschachn
Originally Posted By: geekster
Toros is like a fiesty angrier version of Pops....I like him...You're all idiots. lol

It appears Toros has been escorted off the property. I'm sure you can visit him, wherever he went.


Who complained?
Being called an idiot, dopey, genius and Einstein was actually pretty amusing to me and I haven't seen any mods in this thread.
Toro is a guy you could have a lot of fun baiting in front of an audience.
His writing style and use of language make him appear to be a non-native speaker of English, so if you really pushed him, he might well become incoherent in the spoken language.
 
He may be on a just a temporary vacation, only time will tell. I was figuring he would reply back on this thread. Which he could have done. That response may have so over the top that the mods deleted it and banned him.
 
Originally Posted By: MCompact
I also think another relatively new person got the broom in another topic. Some of the wingnuts can be fun at first, but eventually they wind up just being annoying...


I just looked up who I thought it was and he's still here, darn! His username starts with an "A".
 
I'll admit that I was feeling a little guilty pleasure in anticipation of his reply.
 
Originally Posted By: jeepman3071
Originally Posted By: Wolf359

Depends on the price of the fridge. If it were a 1k fridge that was 2 years old selling for $300, I'd take that over a new one selling for $400. On the other hand if it were a 1k fridge that was $800 after a year, I'd probably stick with the $400 one. My advice always depends on the situation.


A fridge is a terrible example, because it IS actually just an appliance. I don't spend hours at a time inside my fridge, or expect it to haul things or protect me in a crash. $1000 is also just another level of purchasing. It is like comparing purchasing a fridge to a paper clip. The paperclip seems even more insignificant in comparison to the fridge.

For most people, a car and a home will be the most expensive things they buy in their life.


Well that was just the example presented. Would also apply to homes too. Most homes around here that are sold are used. Very little new construction. About 3/4 of all cars sold are used, only about 1/4 are new. The claim that the better deal is always the new car doesn't really hold up in reality because for whatever reason, 3/4's of the people who buy cars think otherwise.
 
Originally Posted By: SatinSilver

I just looked up who I thought it was and he's still here, darn! His username starts with an "A".


The new member I was referring to has a username starting with "M".
 
Status
Not open for further replies.
Back
Top Bottom