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TopicCars are such a waste of money.
wolfy42
04/14/17 1:58:01 PM
#9:


If you buy a used car without a ton of miles it won't depreciate THAT much, although if you go for high end cars like my BMW it can still hurt to sell it eventually.

Got my BMW for 31k about 4-5 years ago (2013 sometime I think), and it can now be sold for at most around 17-19k, so that is a pretty drastic drop.

That being said, if you get say a toyota Avalon (my favorite cars), it keeps its value fairly well if you buy it used. Heck even my super old 1999 toyota avalon can still get sold for 3.5k at this point, and I got it used for about 20k.....over 15 years ago.

But yeah, unless your rolling in the dough, buying new is a waste of money, but if you have the money, it's a good way to waste it!!
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