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Topic: Paint My Truck!!!!! Please???
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Thomas Procyk
Phenomenal Film Handler
Posts: 1842
From: Royal Palm Beach, FL, USA
Registered: Feb 2002
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posted 01-25-2005 10:38 AM
quote: Scott Norwood Never buy a brand-new car. The value will drop by about 10% the minute you drive it off the lot.
Really?!?! God damn! And here I was going to buy a NEW car and drive it across the street to the other dealer and sell it, but if it's gonna drop 10% of its value, then I dunno...
I doubt more than 10% of the population, if that, buys a new car specifically for resale. Old cars or classic cars, yes, but I have never heard someone say, "Well, I WAS going to get a new car, but the fact that it loses value..." And the first trip to the grocery store where it encounters a cart drops it 5%, and that mudpuddle on the way home... 3%...
Sorry, but that claim always irritated me when I was buying a car back in 2000. Anyone know how much % a USED car drops when you drive it off the lot? If you buy a car somewhere else and drive it ON to the lot, does it GAIN 10%? How does this work, and why should it influence a decision in buying a car?
Transportation should not be an investment. It's a utility.
=TMP=
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