When do the new 2011 Cars come out?

[Slick Fork]

I did a stint in car sales once, you lose a percentage buying used as well. It's the difference between buying at retail and selling at wholesale.

Yes, a car depreciates the most in the first 2 years of its life hence the "deals" you see when buying used. However for me, it's ALWAYS offset by the fact that you have no idea what kind of maintenance the previous owner did. They might've put that 40,000 km's on without a single oil change. Sure you can buy or negotiate an extended warranty from the dealership but if you read the fine print they never cover everything.

If you're looking at new, anywhere between an 8% and 12% discount is cutting pretty close to the dealers cost. Always try to buy towards the end of the month, quarter, year. Late november is when most manufacturers start bringing out their clearance programs with big rebates and low rate financing on current year models. Keep in mind that this also goes hand in hand with limited selection.

[BlueTang<3]

Originally Posted by Slick Fork

However for me, it's ALWAYS offset by the fact that you have no idea what kind of maintenance the previous owner did. They might've put that 40,000 km's on without a single oil change. Sure you can buy or negotiate an extended warranty from the dealership but if you read the fine print they never cover everything.

If you're looking at new, anywhere between an 8% and 12% discount is cutting pretty close to the dealers cost.

+1 Being a mechanic my self i see a lot. The saying good from far but far from good. You can never tell what was done to the vehicle in maintenance or how it was driven.

[sphelps]

I guess it depends what you buy. My car stores all kinds of info in the key fob, including maintenance records, average millage and even driving style. It's also very easy to tell when a car is been abused or babied. The warranty also covers everything bumper to bumper, even the shinyness of the paint

And that new car feeling fades fast, especially after you bought a 2011 civic si and find out your friend just got a loaded 2007 335i BMW for close to the same price. Or when you get hail damage or when your wife drives it into the garage

Money is only money but value is whole new ball game and I'll take the feeling I got the most for my money over a new car feeling any day.

[Veng68]

Originally Posted by BlueTang<3

+1 Being a mechanic my self i see a lot. The saying good from far but far from good. You can never tell what was done to the vehicle in maintenance or how it was driven.

Originally Posted by Slick Fork

Yes, a car depreciates the most in the first 2 years of its life hence the "deals" you see when buying used. However for me, it's ALWAYS offset by the fact that you have no idea what kind of maintenance the previous owner did. They might've put that 40,000 km's on without a single oil change. Sure you can buy or negotiate an extended warranty from the dealership but if you read the fine print they never cover everything.
.

This is why I am buying new............ plus I will probably hold on to it for 20 years......... or however long it lasts.

Cheers,
Vic