<VV> Worst new car buys - NOW with Corvair

Frank DuVal corvairduval at cox.net
Sat Nov 3 10:51:23 EST 2007


Or, my take is to buy cars with high depreciation several years old and 
get a bargan.

How else did I get into Corvairs?

Who wants to buy a depriciating asset? Warren Buffett does not buy new 
cars for that reason. I guess he can't afford them, being a billionaire 
and all.....

Frank DuVal

Currently daily driving LT1 station wagons.

FrankCB at aol.com wrote:

> 
>Grant,
>    But this means little to those of us that keep our  cars for 15+ years.  
>(My NEWEST is already 12 years old.)  So  when we DO trade them in, the 
>difference between high or low depreciation is  quite small.
>    Regards,
>    Frank "older is better" Burkhard
> 
>In a message dated 11/2/2007 6:23:58 PM Eastern Daylight Time,  
>gyoungwolf at earthlink.net writes:
>
>As one  who just purchased an '06 Silverado at half of new sticker price, I 
>was  interested in the AOL news article on which new cars depreciate the 
>fastest.  Since many of us are car nuts, I thought some non-AOL folks might like to  
>know. Quickly hit delete here if not....
>.
>.
>Buick Ranier, Dodge  Caravan, Dodge Durango, Crown Vic, Grand Marquis, Ford E 
>Vans, Kia Amanti and  Kia Spectre. Most dropped to 42%or more after a couple 
>of years.  
>
>Grant
>
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