<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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