Comments on: Today’s New Car is Tomorrow’s Used Car: Look at Models Today http://www.nodebtplan.net/2008/06/16/todays-new-car-is-tomorrows-used-car-look-at-models-today/#utm_source=rss&utm_medium=rss&utm_campaign=todays-new-car-is-tomorrows-used-car-look-at-models-today A personal finance blog teaching you how to live debt free and use credit wisely. Fri, 10 Feb 2012 15:18:07 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Link Love and Free Shampoo | Momma's Bloghttp://www.nodebtplan.net/2008/06/16/todays-new-car-is-tomorrows-used-car-look-at-models-today/#comment-9156 Link Love and Free Shampoo | Momma's Blog Wed, 14 Jan 2009 14:10:37 +0000 http://www.nodebtplan.net/?p=267#comment-9156 [...] Today’s New Car is Tomorrow’s Used Car: Look at Models Today – No Debt Plan [...] [...] Today’s New Car is Tomorrow’s Used Car: Look at Models Today – No Debt Plan [...]

]]> By: Finance Fiesta No. 3: The Spanish Proverbs Money Edition | Our Fourpence Worthhttp://www.nodebtplan.net/2008/06/16/todays-new-car-is-tomorrows-used-car-look-at-models-today/#comment-1246 Finance Fiesta No. 3: The Spanish Proverbs Money Edition | Our Fourpence Worth Thu, 19 Jun 2008 13:01:23 +0000 http://www.nodebtplan.net/?p=267#comment-1246 [...] Kevin presents Today’s New Car is Tomorrow’s Used Car: Look at Models Today posted at No Debt [...] [...] Kevin presents Today’s New Car is Tomorrow’s Used Car: Look at Models Today posted at No Debt [...]

]]> By: EmmieRhttp://www.nodebtplan.net/2008/06/16/todays-new-car-is-tomorrows-used-car-look-at-models-today/#comment-1245 EmmieR Thu, 19 Jun 2008 09:55:38 +0000 http://www.nodebtplan.net/?p=267#comment-1245 My hubby and I are going to buy a new car in the nearest future but we have to choose between a new but cheaper car or a used but better car? What do you recommend? My hubby and I are going to buy a new car in the nearest future but we have to choose between a new but cheaper car or a used but better car? What do you recommend?

]]> By: robj98168http://www.nodebtplan.net/2008/06/16/todays-new-car-is-tomorrows-used-car-look-at-models-today/#comment-1240 robj98168 Thu, 19 Jun 2008 00:04:30 +0000 http://www.nodebtplan.net/?p=267#comment-1240 That should read <i>"I had loved rubber bumper MGB since I was in high school</i> That should read “I had loved rubber bumper MGB since I was in high school

]]> By: robj98168http://www.nodebtplan.net/2008/06/16/todays-new-car-is-tomorrows-used-car-look-at-models-today/#comment-1239 robj98168 Thu, 19 Jun 2008 00:03:18 +0000 http://www.nodebtplan.net/?p=267#comment-1239 I am the king of “Hmm, I might be driving that some day.” But you never know when opputunity will strike! I bought my MGB, I was on vacation in Phoenix, and my cousin and his wife just bought a new Used chrysler lebaron convertible then they had to decide what to do with the MGB- I had lived rubber bumper MGBs since I was in highschool- always said I will drive one someday. Well Luckily I made them a reasonable offer and bought myself a (then) a new 25 year old car that I had to drive from Phoenix to Seattle. Great fun! I am the king of “Hmm, I might be driving that some day.” But you never know when opputunity will strike! I bought my MGB, I was on vacation in Phoenix, and my cousin and his wife just bought a new Used chrysler lebaron convertible
then they had to decide what to do with the MGB- I had lived rubber bumper MGBs since I was in highschool- always said I will drive one someday. Well Luckily I made them a reasonable offer and bought myself a (then) a new 25 year old car that I had to drive from Phoenix to Seattle. Great fun!

]]> By: Kevinhttp://www.nodebtplan.net/2008/06/16/todays-new-car-is-tomorrows-used-car-look-at-models-today/#comment-1238 Kevin Wed, 18 Jun 2008 21:43:07 +0000 http://www.nodebtplan.net/?p=267#comment-1238 @Penelope and Ricky: You know, in hindsight, that seems more reasonable. I guess I had just never thought to look around and think "Hmm, I might be driving that some day." @Penelope and Ricky: You know, in hindsight, that seems more reasonable. I guess I had just never thought to look around and think “Hmm, I might be driving that some day.”

]]> By: Penelope @ Our Fourpence Worthhttp://www.nodebtplan.net/2008/06/16/todays-new-car-is-tomorrows-used-car-look-at-models-today/#comment-1237 Penelope @ Our Fourpence Worth Wed, 18 Jun 2008 21:40:10 +0000 http://www.nodebtplan.net/?p=267#comment-1237 I think it's a good idea to plan ahead, but I wouldn't put too much time and effort into shopping now for a car you're going to buy 4-5 years later. I think it's good to keep a weather eye open for what you like, and do your serious research and shopping closer to the time when you're ready to buy. You never know if a great new affordable model comes up in the next couple of years that you'll be able to buy used at 2 years old and within your budget. My cousin once advised me when I was shopping for a new car to avoid buying a brand new model for that year, but rather go with a model at least 1 or 2 years older that has proven to be stable and reliable. So the advantage of planning to buy a "new used car" ahead of time is that there will be a lot of readily available information on the reliability of the model you're looking at. I think it’s a good idea to plan ahead, but I wouldn’t put too much time and effort into shopping now for a car you’re going to buy 4-5 years later. I think it’s good to keep a weather eye open for what you like, and do your serious research and shopping closer to the time when you’re ready to buy. You never know if a great new affordable model comes up in the next couple of years that you’ll be able to buy used at 2 years old and within your budget.

My cousin once advised me when I was shopping for a new car to avoid buying a brand new model for that year, but rather go with a model at least 1 or 2 years older that has proven to be stable and reliable. So the advantage of planning to buy a “new used car” ahead of time is that there will be a lot of readily available information on the reliability of the model you’re looking at.

]]> By: Rickyhttp://www.nodebtplan.net/2008/06/16/todays-new-car-is-tomorrows-used-car-look-at-models-today/#comment-1213 Ricky Mon, 16 Jun 2008 22:25:31 +0000 http://www.nodebtplan.net/?p=267#comment-1213 I must respectfully disagree with you on this point. I think that choosing a car today with intentions of purchasing a used one several years from now is like trying to hit a moving target. Like you said, there is no way to predict how a car is going to depreciate or hold up mechanically over the years. If you set your sights on a 2008 model 'X' you could be disapointed in 2012 when it turns out the '08 'X' is really a terrible car. I know that a little disapointment is not going to hurt anyone, but you could save yourself from it if you decide what car you want when it is time to buy. I must respectfully disagree with you on this point. I think that choosing a car today with intentions of purchasing a used one several years from now is like trying to hit a moving target. Like you said, there is no way to predict how a car is going to depreciate or hold up mechanically over the years. If you set your sights on a 2008 model ‘X’ you could be disapointed in 2012 when it turns out the ’08 ‘X’ is really a terrible car. I know that a little disapointment is not going to hurt anyone, but you could save yourself from it if you decide what car you want when it is time to buy.

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