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URL:  http://boards.fool.com/buy-classics-at-first-this-sounds-like-an-19871533.aspx

Subject:  Re: Look rich but live cheap Date:  11/18/2003  3:07 PM
Author:  BenSolar Number:  249 of 1699

Buy classics. At first this sounds like an expensive move; classics always cost more. But for certain purchases, spending more may be a better investment in the long run. ... “I decided to buy a five-year-old BMW this year,” says Sandy deNicolais, former fashion and beauty editor of Women's Day. “The payments for a brand-new Honda were the same. But in five years, that Honda won't be worth as much as my BMW. The BMW will last longer, it's higher quality, it's got more style.”

I liked the article for the most part, but the section quoted above about a 5 year old BMW being a better value proposition than a ne