Yeah that's the trade-off. Buy an older used car and you don't face depreciation but have to deal with neglect and stuff just wearing out. You likely won't recover all that expense in a sale.
Buy a new car and get a warranty but lose the depreciation as well as paying the finance costs. I think used generally works out better in the end but it's a bit of a gamble and with new the cash flow is more predictable. I just had to buy new rear tires for the E500. The right rear had a slow leak that I kept refilling and never got around to plugging. Monday afternoon I took a left turn and heard a pop. Sidewall had rolled under the rim and was cut open. But the tread was nearly gone anyway so it was time. That was an unplanned $400 expense. I still need to spend $1,000 on air struts and who knows what on fixing my AC. I have realized that I have never owned a Mercedes with really proper working AC, it seems to be a real weakness of theirs or maybe I've just been buying too old. On Wed, May 22, 2024, at 12:27, Jim Cathey via Mercedes wrote: > My son's relocating to Baltimore and sold his car. He got $2000 > for it in a quick sale to a coworker. He was into it about $6300, > what with one thing and another. Owned it 10 months. Sucky > ROI, unless you think that he could just as easily have bought > a new car and lost even more. Had it been 4wd I'd probably > have bought it from him, but it wasn't. > > We kept the snow tires we'd gifted him. He was losing enough > money already. > > -- Jim > > > _______________________________________ > http://www.okiebenz.com > > To search list archives http://www.okiebenz.com/archive/ > > To Unsubscribe or change delivery options go to: > http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com _______________________________________ http://www.okiebenz.com To search list archives http://www.okiebenz.com/archive/ To Unsubscribe or change delivery options go to: http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
