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Originally Posted by Carrameow
Most people have at least one new car, which runs on the average of maybe $22K before interest?
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I don't know that I could ever bring myself to spend that much money on a new car. Though sometimes I wonder if it's worth buying a newer car for say $12k and then selling after several years. Would the depreciation costs equal the maintenance costs of my 20 year old car? If so, it might be worth it considering the time I would save doing the repairs (I'd also enjoy the creature comforts of the newer car). But then, I wouldn't buy just any car. It would either be a newer diesel Benz or maybe a TDI.
Scott
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Scott
1982 Mercedes 240D, 4 speed, 275,000
1988 Porsche 944 Turbo S (70,000)
1987 Porsche 911 Coupe 109,000 (sold)
1998 Mercedes E300 TurboDiesel 147,000 (sold)
1985 Mercedes 300D 227,000 (totaled by inattentive driver with no insurance!)
1997 Mercedes E300 Diesel 236,000 (sold)
1995 Ducati 900SS (sold)
1987 VW Jetta GLI 157,000 (sold)
1986 Camaro 125,000 (sold - P.O.S.)
1977 Corvette L82 125,000 (sold)
1965 Pontiac GTO 15,000 restored (sold)
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