Originally Posted By: Robertslowpoke
great discussion! just what I was looking for. I found one web site claiming in the first 3 years, a car depreciates 47%, and 17% in the next 3.
OK, my plan was to BUY (cash) a 3 yr old, certified, LOW miles caddy from a dealer with warranty. DRIVE 3 years, trade in, BUY for cash, another 3 yr old one.
Broc Luno- I DO agree, in general, used cars are cheaper to own, long term
Wolf- 2 friends ONLY lease cars, never have to fix them, BUT they argue VIGOROUSLY over the down payment and the terms. I will check out lease hacker.
I respect the opinions of EVERYONE!
I live in Massachusetts, the rust here is incredible. getting a southern/western car may be smart! 3 people here did! bob
It's incredible if you don't wash the car and get the salt off it. Never did any rust proofing and the last car I had was over 16 years old. It did ok, there was some surface rust, but it didn't all end up rusting away. Regular undercarriage washes helped. For some reason, American cars are better than foreign ones when it comes to rust. The site is leasehackr.com. They list a Toyota Highlander for $275 a month and an Acura TLX for $245/month. They had a BMW 528i for $398/month, but that deal has expired.