Why I buy used cars... and never first model years! - Saabnet.com Bulletin Board


[General | Members | C900 | 9000 | NG900 & OG93 | 93 | 95 | NG95 | 99 | Sonett | Vintage Models | Performance | Detail | Clubs & SOC | Other Cars | Books Movies & Music | Chat | FAQs | Gifts | Member Photo Galleries | Member Directory | Classifieds | Service/Mechs | Manuals | Polls | What's New | Raffle | Photo of the Month | Sponsors]

General Bulletin Board
Search:
(Search Author's Posts: e.g. Keyword:Author)*Members Only


[Main General Bulletin Board | Post Followup | BBFAQ ] [ Prev by Date ] [ Next by Date ] Member Login / Signup [Most Recently Edited Saabnet.com Photo Galleries]
Why I buy used cars... and never first model years!
Posted by Snowmobile [Email] (#686) [Profile/Gallery] (more from Snowmobile) on Wed, 12 Jul 2017 09:03:51

In Reply to: OT: Irrational Exurbance?, MI-Roger [Profile/Gallery] , Wed, 12 Jul 2017 08:32:56
Alert me when someone posts in this thread:

First of all, I noticed the "new drive train" line and wondered why that should be an issue with <80k on the clock! Batteries maybe, drive train? hmmm...

Aside from that, depreciation is what it's all about... that person is paying a premium to own the latest and greatest first model year Teslas. They are the company's beta tester, in this case not only for the car itself, but also for the sales channels.

SAABs were little different in terms of depreciation. I was able to buy a 5 year old 9-5 that originally cost north of $40k, but I paid $6k for it. That is life. If one must buy a new car and plans to trade in, having a clear understanding of the residuals and probably focusing on brands that offer good residuals (eg Honda, JEEP, etc) is smart.

Being patient and waiting to see how fast the $30k teslas would sell before dropping price might have been a good idea. There aren't exactly a gazillion Teslas on the road that people are selling used. It's a supply and demand thing. There is a *huge* demand for new Teslas, and I imagine a similarly large demand for lower priced used ones...

Of course, if one has gobs of money to spend on depreciation of a first model year of an essentially new company... then why complain about residuals at all, right? It's one of those "If you have to ask the price, maybe you can't afford it?" situations I think.

I'm actually quite interested in the model S, but not in a first model year and not brand new. We will likely need to replace a car soon, but it will more likely be another late model SAAB (or perhaps volvo, audi, bmw) as I don't feel the Teslas or other electrics on the used market are quite to the point where I'd be happy buying them.
Posts in this Thread:
Alert me when someone posts in this thread:

Post a Followup

No Site Registration is Required to Post - Site Membership is optional (Member Features List), but helps to keep the site online
for all Saabers. If the site helps you, please consider helping the site by becoming a member.

Name: Member Login / Signup [Most Recently Edited Saabnet.com Photo Galleries]
E-Mail: (Optional)
Re-Enter E-Mail: (Confidential & Secure - Not revealed to other users!)
Note: Please check your spam folder for BB responses.
If you use GMail, follow these instructions from Google so that they appear in your regular inbox.

Subject:

Posting rules are simple - No for sale/wanted ads or live auctions may be here - use the classifieds.
You may not cross-post your message to multiple BBs.
Personal attacks, insults, or flaming are not allowed.
Site Members do not see any red text, inline ad links, skyscraper ads, box ads, nor anti-spam check.

Message: (please no for sale/wanted classifieds - post those in the TSN Classifieds)
To add inline links to your post, use [link]http://www.domain.com/[endlink] or use the Optional fields below.
To add inline images to your post, use [img]http://www.domain.com/img.jpg[endimg] or use the Optional Image Link field below.


Optional Link: (e.g. http://www.saabnet.com/)
To promote your own Saab site here, you must have a link back to The Saab Network.
Link Title: (Optional)
Optional Image Link: (e.g. http://www.saabnet.com/img.jpg)




The content on this site may not be republished without permission. Copyright © 1988-2017 - The Saab Network - saabnet.com.
For usage guidelines, see the Saabnet.com Mission and Purpose Page.
[Contact | Site Map | Saabnet.com on Facebook | Saabnet.com on Twitter | Shop Amazon via TSN | Site Donations]

This is a moderated bulletin board - Posting is a privilege, not a right. Unsolicited commercial postings are not allowed (no Spam). Please, no For Sale or Wanted postings, SERIOUSLY. Classifieds are to be listed in The Saab Network Classifieds pages. This is a problem solving forum for over 250,000 Saab owners, so expect to see problems discussed here even though our cars are generally very reliable. This is not an anything goes type of forum. Saabnet.com has been a moderated forum since 1988. For usage guidelines, see the Saabnet.com Mission and Purpose Page. Please remember that you are not anonymous. Site Contact | Site Donations | Other Sites by SP - Poverty2Prosperity.org | RandomScreening.com
Your address is: 54.225.41.203 - Using CCBot/2.0 (http://commoncrawl.org/faq/) - Logged.

Site Members do not see red text instructions, skyscraper, nor box ads.
Click here to see all the Site Membership Benefits!