New cars are such a ripoff

ORDER_66

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:hubie:I'm not saying you can't make a profit of a car, it's just not asset. A house is an asset. Bonds. Children. Land. Bottom bytches/nikkas. Art. Certain types of pets. Not a car. The value they bring to our lives offsets the small loss in our net worth......Like a side bytch/nikka.

SOME cars are an asset tho...:hubie: just some...classics that will hold resale value
 

BigMoneyGrip

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Son Goku

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Car dealerships make way more money on used cars than they do on new cars.

I've tried to explain this to the coli before, but folks that have never worked in the industry don't seem to get it.

When cats would show up and tell us they wanted a used/pre-owned/whatever we used to hit the
Birdman Hand Rub GIF - Birdman Hand Rub Thinking - Discover & Share GIFs

because we knew we were about to make bank.

New cars have prices based on invoices that the dealer paid their distributor. They have rebates and factory incentives (sometimes) that can stack. Used cars don't. And unless you're paying cash, it's gonna cost you more in interest to finance a used car than it will a new car.



Keep believing it's cheaper to buy used cars when a lot of times it's actually not, brehs. :francis:
 

Son Goku

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CrimsonTider

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my car is a 2015. I bought it in early 2017 and it only had 15K miles, so the first person obviously took the HUGE depreciation hit.
How can you say this without numbers backing?

You don’t know what they paid for it compared what they sold it for

Same with you
 

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Better off financially.

Because you would be paying significantly less for basically the same car.



Agreed, but if you find something with low mileage (say under 20K) I doubt the maintenance costs will be much more than a new one unless it's a shytty car.

Bought a Civic a couple years ago with about 45K miles, put another 15K on since and I haven't had to do anything beyond oil changes.

I never had to fix anything on my 2 civics. Drove one for 100,000 miles and the other for 140,000. Just oil changes, breaks and tires.
 
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