>>Same thing applies to buying cars, the depreciation is such a huge factor your better off to drive the wheels off your old buggy, put some new ones on and drive them into the ground, again and again.
>
>The most expensive thing you can do to a new car (without actually damaging it) is to drive it off the seller's lot. The moment you inserted the key and started the engine, you lost 20% of the car's value.
>
>Which is why I'll keep buying used cars (the ridiculous expression "pre-owned" was not translated into Serbian, nor non-translated into Engrbian, so used it is), and will generously leave the luxury of buying new cars to those who know how to appreciate it (pun premeditated).

I'm probably sick because my wife and I have typically bought new and kept the cars for ten or fifteen years, unless the repairs start costing more than the car is worth. OTOH a friend never buys a car less than two years old. He's probably smarter than I am.