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Automotive / Buying and Maintaining a Car

URL:  http://boards.fool.com/id-agree-with-everything-except-the-buy-new-part-13162167.aspx

Subject:  Re: Fool 13 Steps to Buying a Car needs a 14th s Date:  8/21/2000  1:38 PM
Author:  JoelErika Number:  7162 of 71238

i'd agree with everything except the buy new part. Maybee if your talking a 10k squash box and your buying it for 8k used fine ,for 2k that makes sense but for more exspensive cars no way. I weaseld a 2yold Mitsubishi montero from a dealer way below book. The first owner took a 15k hit in 2 years!!! But if you track out for another 3 it should still be worth around 10-12k so I'm out 3-5 versus 15 (assuming I sell it). idon't anticipate any real problems we already drove 1 of these over 180,000 no problem.
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