Quote:
Originally posted by Mmmm, Burger (C.J.)
Why buy for resale value? If you like to have a new car every few years, just lease. Buying for resale just means sticking yourself with what other people want, not what you want. It's why every house looks like a stupid mcmansion, with the half brick, half aluminum siding, the palladian windows, and all the stupid gables--because that's what other people want.
|
Leases only work if you don't drive much. Otherwise, you eat a huge payment when you turn it back in over the mileage limits.
I try to minimize my carrying costs on cars by purchasing things which have low maintenance issues and good resale. The funny thing is, you know what's the best car for that sort of buying? The 3 Series. Its affordable and has fantastic resale numbers.
The Audi has a good warranty these days, but it drops like a stone off the lot. You know what's not a bad steal right now? The Jag full sized sedan. Jags are made by Ford so they're miles more dependable, but the brand is still saddled with the rep as a piece of shit. You can snatch them used off lease for nothing and they're pretty cushy. Its not a German performance ride, but its a great comfort car.
I had a Japanese truck some time ago that I ran for 40k miles and then sold for nearly what I bought it for. Two years of use for less than $1000. I don't think I'll ever get near that sort of return again.