I Heart Depreciation (AKA Baller cars for Surly 99%)...

[Bernard 879]

New cars are for suckers and people with bad credit.

I test drove this car today: https://www.ultimatems.com/vehicle-details/2010-jaguar-xk-2010-xkr-supercharged-coupe-nav-bowers-43k-mls--2010-supercharged-nav-leather-pwr-seats-20-alloys-wood-keyless-bowers-wilkins-xenons-coupe-cd17f9de8c804678929f10cdfd07feb6

2010 Jaguar XKR Coupe
Black on Black
44k miles
MSRP: $101,000
Asking Price: $27,980

Holy shit. What a car. 420 HP. VERY tempted, although I'd probably go with a higher mileage one that can be had for a bit less. I really just went to see this one to see if my 6'5" self could fit in it, which I did.

Bernard 

[Bernard 879]

My GF used to drive one of these, although hers was a few years older. This is a whole lot of car for the money:

https://www.carmax.com/car/14956477

2008 Mercedes E350
70k miles
MSRP: $55,000 (approx.)
Asking Price: $14,998
If you're worried about repairs, Carmax offers some stellar warranties.

Bernard

[GreenspointTexas 9,602]

Who the fuck buys a car (that isnt a classic from the 80s or before) that is more than 3 years old?

[Sbbruin 21,854]

Poors.

[The University 851]

forget that. the only semen found in my car is gonna be my semen.

[Bozo_Casanova 26,467]

Who the fuck buys a car (that isnt a classic from the 80s or before) that is more than 3 years old?

People who hate built-in nav systems and integrated climate and audio controls.


Sent from my iPhone using Tapatalk

[Fat Bastard 600]

Lol at buying a “new to me” car that’s outdated by >=1 body styles. 

[Bernard 879]

I’ve only had one new car in my life: 2005 Lexus ES330. Free to me. Boss told me to go buy one. He paid. Free car. Free gas. Free insurance. Cost $40k. Drove it 65k miles over 4 years. . Sold it for $15k, which went in my pocket, not his. Even though it didn’t cost me a penny, it seemed like such a waste. Any enjoyment was overshowed by the thought that I could have gotten so much more car by going used. Forget $40k, I could have had a better car for $25k. Never again. 

Bernard

[Thatguy 8,699]

  I buy nice cars for the wife because she can't be bothered to ever look at anything or pay attention to any sound it makes. ever. Older cars require one to "pay attention". We can't do that at my house. ever. For me I could give two shits. I always have hotrods for fun toys anyway.

[TwiceHorn 31,479]

I shudder to think of the upkeep on a 10 year old benz or jag.

[Fat Bastard 600]

It all depends on what your priorities are in a car. Either it’s a utalitarian object that purely gets you from point A to point B reliably or it’s a sexy/powerful piece of machinery that stimulates endorphin release when you get in it, drive it, or see a similar one driving on the road. For me, it’s the latter. I still love getting into my car on a daily basis and I still love driving it and pushing it and getting opportunities to go past 85 for the rear wing to engage, etc. I personally couldn’t buy an 8+ year old car that has and outdated body, infotainment, worn leather, etc. And this is with the full knowledge and understanding that cars are shitty investments.  So are kids  and I have two of those too

 

[Brew 3,049]

Nav systems, your rear wing that deploys, high tech controls, etc are all over rated. The reason to buy a new model vehicle is for the ball tickling awesomeness of cooled seats. 

[dingleberryswitzer 2,724]

On 5/26/2018 at 2:53 PM, The University said:

forget that. the only semen found in my car is gonna be my semen.

I hate to break it to your.  But there is semen everywhere.  Everywhere.  Have you ever handled cash?  Opened a door?  Used an atm?

[52-80 19,159]

By and large modern cars sound worse and are needlessly complex.  On mine when you swap the battery you have to "code it" into the computer.  Everything's fucking integrated these days.

 

I miss it back when everything was plug and play.  The heyday for cars is early 2000s.  Supras.  E39 M5s.  Ferrari 550, when they still made manual transmissions.  Before revised CAFE standards.  Before auto start/stop technology.  Before cylinder deactivation.  When turbos had lag and still made whooshing noises.  Etc.

[The University 851]

2 hours ago, dingleberryswitzer said:

I hate to break it to your.  But there is semen everywhere.  Everywhere.  Have you ever handled cash?  Opened a door?  Used an atm?

sorta...but i wear crotchless bubble suits.

[KYHorn 17,067]

On 5/26/2018 at 1:49 PM, Bernard said:

New cars are for suckers and people with bad credit.

I test drove this car today: https://www.ultimatems.com/vehicle-details/2010-jaguar-xk-2010-xkr-supercharged-coupe-nav-bowers-43k-mls--2010-supercharged-nav-leather-pwr-seats-20-alloys-wood-keyless-bowers-wilkins-xenons-coupe-cd17f9de8c804678929f10cdfd07feb6

2010 Jaguar XKR Coupe
Black on Black
44k miles
MSRP: $101,000
Asking Price: $27,980

That car lost over $70,000 in value in 8 years. Y'all have dopamine issues if you're part of the 99% and receive enough utility from novelty to justify losing that much in 8 years

On 5/27/2018 at 11:14 AM, Fat Bastard said:

It all depends on what your priorities are in a car. Either it’s a utalitarian object that purely gets you from point A to point B reliably or it’s a sexy/powerful piece of machinery that stimulates endorphin release when you get in it, drive it, or see a similar one driving on the road. For me, it’s the latter. I still love getting into my car on a daily basis and I still love driving it and pushing it and getting opportunities to go past 85 for the rear wing to engage, etc. I personally couldn’t buy an 8+ year old car that has and outdated body, infotainment, worn leather, etc. And this is with the full knowledge and understanding that cars are shitty investments.  So are kids  and I have two of those too

 

.Granted, I fall under the former category. 

[Okie State 3,821]

Good thread. This topic has never been discussed.

[Bernard 879]

2006 Mercedes-Benz SL 65
604 horsepower
44k miles
MSRP: $179,000 plus options (sales tax alone is $11,200+)
Sold for: $36,501 + 5% fee

https://bringatrailer.com/listing/2006-mercedes-benz-sl65-amg-3/

Plus the new SL is fugly.

Bernard

Edited May 29, 2018 by Bernard

[Bernard 879]

On 5/27/2018 at 10:14 AM, TwiceHorn said:

I shudder to think of the upkeep on a 10 year old benz or jag.

Nothing compared to the $150,000 of depreciation this car experienced over the last 44k miles.

Bernard

[Bernard 879]

2006 Bentley Arnage
39,700 miles
MSRP: $257,261 (sales tax alone = $16,000)
Sold for: $41,500 + 5% fee

https://bringatrailer.com/listing/2006-bentley-arnage-t/

Bernard

[troph 24,805]

Bought a used 2013 Tesla model S for 40% less than sticker with 24k miles on it. Still has 2 year’s bumper to bumper warranty and 2 years on top of that for battery and motor. Best car purchase I’ve ever made.

 

[52-80 19,159]

25 minutes ago, Bernard said:

2006 Mercedes-Benz SL 65
604 horsepower
44k miles
MSRP: $179,000 plus options (sales tax alone is $11,200+)
Sold for: $36,501 + 5% fee

 

While I like older cars... in principle...

-arent this era of mercedes some of the most problematic

-this class of cars entered the (immature) early gens of deeply-embedded electronics

-heavy luxo cars = mega consumption of tires, brakes, more stress on suspension, mounts, etc

-12 cylinders = maintenance multiplication (e.g. 12 spark plugs!)

etc etc etc...

[Bernard 879]

2009 Porsche 911 Carrera 4 Coupe 6-speed
12k miles
MSRP: $95,670
Sold for: $53,000 +5% fee

Bernard

[Bigpoppapump 531]

Jalopnik has pretty good stories on buying old supercars at Carmax.  https://jalopnik.com/the-six-best-unreliable-cars-you-can-buy-from-carmax-168777099

 

[Bernard 879]

5 hours ago, 52-80 said:

 

While I like older cars... in principle...

-arent this era of mercedes some of the most problematic

-this class of cars entered the (immature) early gens of deeply-embedded electronics

-heavy luxo cars = mega consumption of tires, brakes, more stress on suspension, mounts, etc

-12 cylinders = maintenance multiplication (e.g. 12 spark plugs!)

etc etc etc...

12 spark plugs? Nope. Try 24. Yes. 604 HP will eat tires. Some of the suspension components are practically considered consumables, but luckily not the expensive parts. The ABC suspension that plagued early 2000-era cars became more robust. There are also non-OEM options available to replace hydraulic lines at a tiny fraction of dealer costs. The convertible tops can be finicky, but not terrible. I'm unaware of substantial electronics issues. Budget a few grand for maintenance every year for sure.

Bernard

Edited May 29, 2018 by Bernard

[Armybrat 40,849]

Bought my last ride new in October 1999. recently rolled 94,000 miles on it. My grandson should get 200,000 more miles out of it if he doesn't wreck it:

[52-80 19,159]

that thing looks clean

[Armybrat 40,849]

Interior looks very good, too but it does need a new drivers side floor mat. Had to replace the headliner a couple of years ago after the original fell on my head.

And it needs a new set of rubber.

Edited May 29, 2018 by Armybrat

[Gil Bang 25,960]

forget that. the only semen found in my car is gonna be my semen.

Do you even valet park bro?

[Bernard 879]

Nice Cherokee, Brat. Check out Lloyd's Mats for some quality floor mats if OEM is no longer available. Some of their mats are better than OEM quality. 

Bernard

[Lhorn 4,913]

On ‎5‎/‎27‎/‎2018 at 7:20 AM, Thatguy said:

  I buy nice cars for the wife because she can't be bothered to ever look at anything or pay attention to any sound it makes. ever. Older cars require one to "pay attention". We can't do that at my house. ever. For me I could give two shits. I always have hotrods for fun toys anyway.

Go on.  Whatcha got?

[The University 851]

3 hours ago, Gil Bang said:

Do you even valet park bro?

 

not an issue when you hire eunuchs as chauffers.

[Buzzrock 14,920]

Jalopnik has pretty good stories on buying old supercars at Carmax.  https://jalopnik.com/the-six-best-unreliable-cars-you-can-buy-from-carmax-168777099
 

That’s pretty great.

[Parliament 14,260]

On 5/27/2018 at 10:14 AM, TwiceHorn said:

I shudder to think of the upkeep on a 10 year old benz or jag.

Other than the domestic and Japanese brands.  Those are mostly OK.

Or a Camaro ZL1.  You can find 5 year old models, with LOW miles for half the price of new.

[Prepuce of Doom 21,074]

A recent C&D article about the depreciation curve and used markets for British ultra-luxury cars. 

https://www.caranddriver.com/features/exactly-what-kind-of-deal-is-a-30000-dollar-bentley-anyway

[elfenix 34,243]

On 5/29/2018 at 12:05 PM, Armybrat said:

Bought my last ride new in October 1999. recently rolled 94,000 miles on it. My grandson should get 200,000 more miles out of it if he doesn't wreck it:

yep, you're old.

[krevo 142]

I"m good with a one gen previous 4runner or Tacoma and leave the new car payment for the wife.   I've bought one brand new car for myself once in my life and will never do it again.

[pepper brooks 580]

On 5/27/2018 at 10:14 AM, Fat Bastard said:

It all depends on what your priorities are in a car. Either it’s a utalitarian object that purely gets you from point A to point B reliably or it’s a sexy/powerful piece of machinery that stimulates endorphin release when you get in it, drive it, or see a similar one driving on the road. For me, it’s the latter. I still love getting into my car on a daily basis and I still love driving it and pushing it and getting opportunities to go past 85 for the rear wing to engage, etc. I personally couldn’t buy an 8+ year old car that has and outdated body, infotainment, worn leather, etc. And this is with the full knowledge and understanding that cars are shitty investments.  So are kids  and I have two of those too

 

Right there with you. I have one car that I bought virtually new 600 miles on it in 2005 (911 c2S). Still have it, still drive it, still live it. Love to push it and im still amazed at the capabilities of it all these years later. I tell people every time I get in it it reminds me of watching Vy play college football. I feel like something special is happening. I love cars and driving. I generally buy nice ones and keep them a very long time.  I recently bought a panamera gts with 11k miles on it at a heavy discount from sticker, but still a damn good chunk of money.  Every time i fire that big ass v8 up i get a damn rush of dopamine       

[NYTransplant 145]

I've been buying/selling 10-15 year old BMW's and Porsches for most of my car owning life (past 20 years). As I enjoy working on them, I've managed to avoid the depreciation hit entirely, while keeping my cost of ownership low. Fitting the 99%'er profile in the title, it blows my mind that people will opt to lose $30k+ on buying new.

Current car is a 2004 BMW M3 that I expect to sell for what I paid for it in 4-5 years, assuming car ADD doesn't rear its ugly head.

[Pablo 494]

great thread, thanks!

I'm starting to look for my next used car purchase and this thread was what I needed. 

[Slacks 6,821]

On 5/27/2018 at 3:04 PM, Brew said:

Nav systems, your rear wing that deploys, high tech controls, etc are all over rated. The reason to buy a new model vehicle is for the ball tickling awesomeness of cooled seats. 

all that shit is in my 2013 rides right now...  hell, my 2007 had all of that (minus the wing).

 

i buy 4 year old rides... about 35% of MSRP.

[Buzzrock 14,920]

One great thing about my Audi is that they’ve looked almost exactly the same for several years now. I looked at a coworkers that is a few years newer and all they had added was USB ports. Most people think mine is a lot newer than it is because I keep it in good shape.

[ShaggyBevo RIP 3,868]

On 5/26/2018 at 3:53 PM, The University said:

forget that. the only semen found in my car is gonna be my semen.

So, only Subarus for you?

Edited May 31, 2018 by ShaggyBevo RIP

[52-80 19,159]

1 hour ago, Buzzrock said:

One great thing about my Audi is that they’ve looked almost exactly the same for several years now. I looked at a coworkers that is a few years newer and all they had added was USB ports. Most people think mine is a lot newer than it is because I keep it in good shape.

the newer ones also have HDMI.  you gotta get on that.

[HookEm 2,467]

My 2005 Lexus has heated and cooled seats. Why are some of y'all acting like this is a new invention?

I installed my own $130 bluetooth unit hardwired onto the Bose system and everything sounds great.

Any navigation I need comes from Google or Waze. I have literally no reason to buy a new car and this thing is 13 years old.

[huge 3,793]

Look.  I enjoy frivolous spending as much as the next asshole.  But this badge of whatever people wear by ONLY BUYING NEW CARS seems goofy.

Maybe I need to re-evaluate my priorities.

(I drive a 2015 SQ5 bought in 2017 for $20k off sticker)

[ZanTheFan 49]

My 2005 Lexus has heated and cooled seats. Why are some of y'all acting like this is a new invention?

I installed my own $130 bluetooth unit hardwired onto the Bose system and everything sounds great.

Any navigation I need comes from Google or Waze. I have literally no reason to buy a new car and this thing is 13 years old.

How did you install the Bluetooth? Googled the same project for my 09 ES and it looked pretty damn complicated

[Slacks 6,821]

1 hour ago, ZanTheFan said:

12 hours ago, HookEm said:

My 2005 Lexus has heated and cooled seats. Why are some of y'all acting like this is a new invention?

I installed my own $130 bluetooth unit hardwired onto the Bose system and everything sounds great.

Any navigation I need comes from Google or Waze. I have literally no reason to buy a new car and this thing is 13 years old.

How did you install the Bluetooth? Googled the same project for my 09 ES and it looked pretty damn complicated

https://www.vaistech.com/product/sl3b-l/

And let someone install it... boom.

[Slacks 6,821]

Probably even better...  https://www.carid.com/usa-spec/bluetooth-phone-and-music-interface-mpn-bt45toy.html

 

[Sbbruin 21,854]

On 5/31/2018 at 8:34 AM, elfenix said:

yep, you're old.

He only drove it to church on Sundays, and to Cousin Jethro's once a year.