Originally Posted by JeffKeryk
Originally Posted by AC1DD
Originally Posted by Cujet
I've been used car shopping and here in South Florida, we seem to have an abundance of "Flood Vehicles" from other parts of the country. They try hard to hide it, and I could easily be fooled. Good thing the Carfax seems to indicate problems.
It's one reason why I often strongly suggest purchasing a highly discounted new car vs. used. As the cost per mile over it's lifetime is rarely over 5c per mile more.
The risk of getting a bad used car is rather high despite significant effort. Been there, done that.
100% truth.
The problem is too many people WANT something they don't really NEED, so they buy used to afford the want.
If you're smart buy what you need while might cost LESS new.
I bought our 2013 Lexus GS350 F Sport used under CPO.
This is a $60K car; I was happy to get it for the price of a nice Accord...
And Lexus CPO includes 2 year bumper to bumper warranty, which is good for a car with this much electronics.
Originally Posted by JeffKeryk
Originally Posted by AC1DD
Originally Posted by Cujet
I've been used car shopping and here in South Florida, we seem to have an abundance of "Flood Vehicles" from other parts of the country. They try hard to hide it, and I could easily be fooled. Good thing the Carfax seems to indicate problems.
It's one reason why I often strongly suggest purchasing a highly discounted new car vs. used. As the cost per mile over it's lifetime is rarely over 5c per mile more.
The risk of getting a bad used car is rather high despite significant effort. Been there, done that.
100% truth.
The problem is too many people WANT something they don't really NEED, so they buy used to afford the want.
If you're smart buy what you need while might cost LESS new.
I bought our 2013 Lexus GS350 F Sport used under CPO.
This is a $60K car; I was happy to get it for the price of a nice Accord...
And Lexus CPO includes 2 year bumper to bumper warranty, which is good for a car with this much electronics.
For purposes of our discussion and op's situation a late model used car especially with a warranty would be the functional equivalent of a new car. At least you can efficiently shop at the dealers on a tight deadline.
On a popular car like a Subaru in Washington State the used car discount is likely to be disappointing.
So far, the depreciation cost per mile for my truck bought under similar circumstances 8 years ago is 15 cents per mile with zero cents per mile in repair costs, with current depreciation costs in the 5cents per mile range.