Quote:
Originally Posted by Hitch
I could have bought two of my first home for the price of a typical SUV these days. Yowza. (Even pickup trucks seem to be ridiculously priced!).
Anyway...grumble. Maybe I'll find a nice used car that can last another 10 (years). Grrrrrrrrrr...
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Cars depreciate about 40% in the first three years. If you're going to keep the car for a decade or more, buying new car just doesn't make sense. There are plenty of people who get a new car every three years or so and trade in at the dealer. Buy one of their trade-ins.