4 ms·
This is definitely my approach as well. I have a BMW and take exceptionally good care of it - and feel that this is the best way to deal with the fact that cars
by blackswan 16y ago
This is definitely my approach as well. I have a BMW and take exceptionally good care of it - and feel that this is the best way to deal with the fact that cars depreciate. Get a really well built car and use it for a long time. Due to the "lemon" problem it is not possible to sell a car second-hand at its proper value if you have maintained it well. But this isn't actually a problem if you don't mind driving a slightly older car. My BMW has 60K on it and I expect to drive it for at least 6 more years.