Quote:
Originally Posted by viperx100
100% right. However, these days with the used car market acting a fool, and dealerships rarely giving MSRP discounts and doing markups for new cars at times, it's all upside down. At the end of the day, I'd never buy a car that I couldn't afford comfortably and/or spend my time worrying about its depreciation.
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The new and used market is slowly coming back to reality and everyone buying should be aware of that. This time last year the ford dealer near me was asking 10k market adjustment for all new broncos and moving them. They have 6 new on the lot with no adjustments right now that have been sitting for weeks. Used values are dropping as well, almost any new car you buy today you will be losing a good chunk of change on immediately. But like you said worrying about depreciation takes the fun out of enjoying the car. It’s not an investment.