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To: Terry Whitman who wrote (54396)1/5/2001 7:45:53 AM
From: Ilaine  Respond to of 436258
 
I'm with you on buying used cars. Let someone else take the hit in value for having it the first year - it's just ego.

One factor is that cars are much better made than they used to be. Remember when an American car was a piece of junk once it hit 75K or so miles on the odometer?



To: Terry Whitman who wrote (54396)1/5/2001 8:07:49 AM
From: Wyätt Gwyön  Read Replies (2) | Respond to of 436258
 
Yeah, in Japan they have this ridiculous car test called the shaken that you have to do once your car is like three years old or something. It's expensive and hard for old cars to pass. When I was at school there in the late 80s, we could buy perfectly good used cars for a few hundred dollars if the shaken had expired (the shaken was over a grand and more expensive than the car). You could drive it around and hope not to get caught. Sometimes, people would just abandon used cars by the side of the road. I think now they are more rational about it--you take the used car to a dealer and then they ship them to some place like Brazil or Russia. As usual, the Japanese consumer gets screwed!

Used cars in the US are quite expensive, I think, because so many people buy them and financing is available. I bought a Nissan pickup new in 92 for 7K, and was able to sell it used in 98 for 5K.