Originally Posted By: JHZR2
Seruously? The car dropped 33% from being new to when he picked up the car with seeminly minimal miles. $6k discount for very few miles. That might be a good deal. But then to put on the equivalent of a design lifetime (100-150k design lifetime to failure for any manufacturer, regardless of perceived quality of manufacture), and only get another $6k? No thanks. Ill take the nearly new car for $12k, and get a long while of trouble and worry free driving out of it before I even have to spend a dime on any substantial PM besides oil and fiters.
It's not that I don't agree with you, it does seem dumb to pay half the original value of a car that's half used up, basically paying more for the worse half of the vehicles life... but...
It doesn't matter what your opinion on it is, the market dictates the value of the 06 Corolla, not you. A Corolla that age is worth a lot closer to 6000 dollars than 3000, that's for sure. And the point is pretty clear, the original spreadsheet is worthless since it compares cars TCO and leaves out a value higher than the standard deviation of it's results. Even a basic guess would have made this a lot more realistic.
But then the point seems to be that fuel economy really doesn't matter from a TCO perspective, which I would agree with fully when you compare similar vehicles... especially these days when all cars need to be competitive for marketing purposes.
Seruously? The car dropped 33% from being new to when he picked up the car with seeminly minimal miles. $6k discount for very few miles. That might be a good deal. But then to put on the equivalent of a design lifetime (100-150k design lifetime to failure for any manufacturer, regardless of perceived quality of manufacture), and only get another $6k? No thanks. Ill take the nearly new car for $12k, and get a long while of trouble and worry free driving out of it before I even have to spend a dime on any substantial PM besides oil and fiters.
It's not that I don't agree with you, it does seem dumb to pay half the original value of a car that's half used up, basically paying more for the worse half of the vehicles life... but...
It doesn't matter what your opinion on it is, the market dictates the value of the 06 Corolla, not you. A Corolla that age is worth a lot closer to 6000 dollars than 3000, that's for sure. And the point is pretty clear, the original spreadsheet is worthless since it compares cars TCO and leaves out a value higher than the standard deviation of it's results. Even a basic guess would have made this a lot more realistic.
But then the point seems to be that fuel economy really doesn't matter from a TCO perspective, which I would agree with fully when you compare similar vehicles... especially these days when all cars need to be competitive for marketing purposes.