Date: 16 Mar 2002 12:14:15 -0800 From: DGreenburgnopsamcom (Dave) Subject: Re: Buying new 2001 9-5
Thanks, all. Having slept on it, it is clear to me that the slight discount I'm being offered on the '01 from the cost of the '02 isn't worth it. I doubt I'll spring for a new '02. I may focus on an '01 "factory rep's" car (sold as new, but with balance of the warranty (SE wagon w/ 7500 mi. on it). Also, another dealer is expecting to get a few demos very soon. I am definitely willing to look used, although I'll have to wait, as there aren't any wagons around right now. By the way, I asked about any financing deals, and was told there were none. Maybe the 0% only applies to '02. If so, it makes the 01 deal even less attractive. Maybe thats why they still have these '01s- the cost is just about the same as an '02! - Dave Greenburg Johannes H Andersen <johsnopsamanytime.co.uk> wrote in message news:<3C935E2E.10750BF8nopsamanytime.co.uk>... > JMEL5 wrote: > > > > Well, depreciation aside, he still doesn't want to overpay for a car, > > regardless of its value in 1, 3 or 5 years. Even if he was going to keep the > > car for 10 years or more, the best price is still the objective. For most > > people depreciation factors in for resale value and also the value of a car at > > the end of a lease, which affects lease payments. Technically, the 2001 on the > > dealer's lot is new, but, as the weeks pass, that new car argument by the > > dealer goes out the window as the 2003's are introduced by other car makers, > > including Saab. > > > > JJ > > Quite true. The best deal is to buy the 2002 model. But if his budget is just > short, then he can only choose the 2001 model (shop around for a better deal) > or wait until the 2002 models are heavily discounted. In any case, you only > buy a new car if you have money to spare and don't care. > > Johannes > > > >The dealer is selling you a "new" 2001 car. If YOU were trying to sell > > >the same car, then it wouldn't be new and there would be some eyebrows > > >raised about the reasons for selling the car after such a short time, > > >that risk reduces its value. However, if you keep the car for say, 5 > > >years, the difference in depreciation would not be so great.