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Old 02-10-2011, 12:26 PM
 
Location: Planet Eaarth
8,954 posts, read 20,691,986 times
Reputation: 7193

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"You glide into your driveway behind the wheel of your brand new vehicle. The new purchase sticker is conspicuously displayed on the side window for all to see. Of course, you've made sure that you pick up the car on Saturday, so the neighbors will be outside doing yard work and perhaps will get the opportunity to witness your shiny new purchase. As you open the door, you anticipate the crush of your neighbors rushing over so they can drool over your shiny new car. With a feeling of sublime satisfaction, you bask in the glow of celebrity of the block status. However, after your 15 minutes of fame, you need to ask yourself, "Was it worth the several thousand dollars less that the car is worth now that it's officially a "used car?""

New Car Fever
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Old 02-10-2011, 12:33 PM
 
16,956 posts, read 16,769,880 times
Reputation: 10408
I've bought both : New and Used.

New is fun, smells fresh, runs great, looks good !

Used is economical but you might be buying someone's problem so I would not say used feels secure.

Used you already have the depreciation down but if you bought a ton of trouble, you could WELL put that into the used lemon you just bought....
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Old 02-10-2011, 12:36 PM
 
5,730 posts, read 10,132,826 times
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Buying A Car: The Worst Investment? - Investopedia.com
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Old 02-10-2011, 12:40 PM
 
6,367 posts, read 16,882,041 times
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Why don't you post this stuff in the frugal living forum where it belongs?

I've already requested in About the Forum if they would move your 'saving money' bicycle thread there.
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Old 02-10-2011, 12:58 PM
 
5,730 posts, read 10,132,826 times
Reputation: 8052
Quote:
Originally Posted by Gimme3steps View Post
Why don't you post this stuff in the frugal living forum where it belongs?

I've already requested in About the Forum if they would move your 'saving money' bicycle thread there.

Ummm... Because it's "Automotive" related I would guess.
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Old 02-10-2011, 01:12 PM
 
6,367 posts, read 16,882,041 times
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Ummm... closer to "financial" related.
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Old 02-10-2011, 01:29 PM
 
Location: Ohio
780 posts, read 2,927,555 times
Reputation: 638
Sorry, but I buy cars for personal satisfaction. It's never investment, it's never about money, it's never about status. It's about how fast I can go 'round corners
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Old 02-10-2011, 01:56 PM
 
32,516 posts, read 37,206,891 times
Reputation: 32581
I've NEVER bought a car, used or new, so the neighbors can drool over it. I've brought home a couple new babies in the dead of night, as a matter of fact.

I buy my cars so I can drool over them. And If I want to buy a brand-new, smells terrific, nobody's spilled a Slushy in the back seat new car, it's nobody else's business.
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Old 02-10-2011, 02:15 PM
 
Location: California
10,090 posts, read 42,439,946 times
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Quote:
Originally Posted by POS VETT View Post
Sorry, but I buy cars for personal satisfaction. It's never investment, it's never about money, it's never about status. It's about how fast I can go 'round corners
Quote:
Originally Posted by DewDropInn View Post
I've NEVER bought a car, used or new, so the neighbors can drool over it. I've brought home a couple new babies in the dead of night, as a matter of fact.

I buy my cars so I can drool over them. And If I want to buy a brand-new, smells terrific, nobody's spilled a Slushy in the back seat new car, it's nobody else's business.
Yes and Yes!
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Old 02-10-2011, 02:19 PM
 
3,743 posts, read 13,712,508 times
Reputation: 2787
Quote:
Originally Posted by POS VETT View Post
Sorry, but I buy cars for personal satisfaction. It's never investment, it's never about money, it's never about status. It's about how fast I can go 'round corners
Yes, who buys a pair of jeans for its investment purposes? You buy them to use them, not invest in them.

The problem isn't buying a new car, the problem is people that think like that in the article linked.

I will say this though - the newness wears off a lot sooner than the payments, so make sure you buy something you'll love.

Last edited by Sayantsi; 02-10-2011 at 02:32 PM..
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