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Yeah, but you'll have a new car. Obviously if you don't need a new car, it's a really bad financial decision to buy one. And even if you do, it might be a bad
by vkou 6mo ago
Yeah, but you'll have a new car.
Obviously if you don't need a new car, it's a really bad financial decision to buy one.
And even if you do, it might be a bad financial decision to buy one.
- alistairSH 6mo agoObviously if you don't need a new car, it's a really bad financial decision to buy one. It's almost always a bad financial decision to buy a new car. The first-year depreciation is unreal. We just bought a 1 year old Audi Q5 in the US for ~30% discount over new. And with the Audi CPO program, the warranty is just as long as a new model.
- traceroute66 6mo ago> Obviously if you don't need a new car, it's a really bad financial decision to buy one. I dunno .... At least two EV manufacturers offer a 7 year warranty on new cars on all parts INCLUDING the battery.
- vkou 6mo agoReplacing whatever is broken in your 10-year old car will on the net cost less than the amortized cost of buying a new one.
- physicsguy 6mo agoI'm no proponent of PCP or leasing but you have to admit there is a hassle factor invovled once they hit a certain age + mileage.