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To: Oral Roberts who wrote (126813)7/22/2005 10:57:06 AM
From: DMaA  Respond to of 793817
 
Yes but my point/question is, doesn't the dealer pocket the difference between the value of the new and the value of the instantly used car? I'm trying to reconcile your statement that there's no money in new cars with this fact.



To: Oral Roberts who wrote (126813)7/22/2005 4:37:43 PM
From: unclewest  Read Replies (1) | Respond to of 793817
 
It instantly loses several thousand dollars because it's used. Doesn't matter if it has 5 miles on it, it's been titled and thus is used.

Exactly.

Someone told me years ago that everyone drives a used car and explained that theory. It saved me tens of thousands maybe more.

Until a few years ago, I never drove a new car and have often driven a used car for a year or two and sold it for more than I paid.


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