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Automotive / Buying and Maintaining a Car

URL:  http://boards.fool.com/e-when-you-look-at-the-price-difference-between-13158034.aspx

Subject:  Re: Fool 13 Steps to Buying a Car needs a 14th s Date:  8/20/2000  4:55 PM
Author:  x62656172 Number:  7143 of 71394


E. When you look at the price difference between a new car (especially with special OEM financing or rebates) vs. a used car
over the 10 year life of the car, we are talking pennies per day. A small price to pay for the added benefits.


making up some (reasonable) numbers --
$30000 new,
20% Depreciation is $6000, which is
a buck-sixty/day over 10yrs.

not what i'd call 'pennies'
(is what i'd call a 'reasonable' price for the added benefits )


=jpt
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