the depreciation is retarded on new cars(20% after year1).
best choice might be a 2-3 yr offlease vehicle with tons of warranty left. you can drive it under warranty for a 2-3 yrs before it expires.
id definatly stay away from new domestic cars, i would never buy one again... the resale value on new domestic cars is so poor, yer better to take the money and light it up in the fireplace. they might be a good choice for a lower price on used market. definatly check out the bluebook to see what value you can expect after having it for a few years. id also avoid leasing unless you can write off the expense.
i hope you guys find something you like in your budget!!
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Date: 2006-09-28 01:23 am (UTC)the depreciation is retarded on new cars(20% after year1).
best choice might be a 2-3 yr offlease vehicle with tons of warranty left. you can drive it under warranty for a 2-3 yrs before it expires.
id definatly stay away from new domestic cars, i would never buy one again... the resale value on new domestic cars is so poor, yer better to take the money and light it up in the fireplace. they might be a good choice for a lower price on used market.
definatly check out the bluebook to see what value you can expect after having it for a few years.
id also avoid leasing unless you can write off the expense.
i hope you guys find something you like in your budget!!