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Old 02-05-2006, 01:41 PM  
rowan
Too lazy to set a custom title
 
Join Date: Mar 2002
Location: Australia
Posts: 17,393
Quote:
Originally Posted by RayBonga
Same here, cars never were a big priority for me.

The moment you drive them from the stand you've lost 20% of their value.
You could always buy a second hand (shock horror) executive driven model. My father in law works for a large manufacturer that offers long term employees special pricing on their executive driven cars. Most of them are priced well below market value so in effect they are an investment. I figured out that one model I was interested in had employee pricing that was roughly the same as a 12-18 month old car - so I could acquire it, drive it for a year and sell it for a net depreciation loss of zero.

Pity it had a totally fugly plasticy dash and door trim. I bought something prettier elsewhere.
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