Ah well, I guess I can see that point as well, since I typically only buy used. There is a use case for either method. His two sentence post didn't seem to make that clear. The one brand new vehicle I bought was because of what toddestan replied to you about. I had a specific type of truck with a specific set of options that I had to have, but most importantly I had too damned much money so I kind of bit off more than I could chew. I won't make that mistake again. If buying new works great for you and gives you the peace of mind you like to have, then keep on truckin! Unlike most folks, I do my own auto work and so I'm used to the quirky nature of well-beaten vehicles and I won't get those $1000 repair bills every time I take it in. If you aren't a grease monkey, I can totally understand why you'd always want new. But I will say that all these people talking depreciation levels, total cost of ownership and all the other economical buzz words just don't get people like me. I don't care one bit if the "value" of the vehicle depreciates. Depreciation ONLY matters if you want to sell that vehicle. I never sell mine nor trade them. The value of a vehicle to me is if the damned thing does what it is supposed to, ie runs and drives. I run them until they fall the hell apart. Once that happens, either it takes a ride to the scrap yard (where I get about $500 for it) or I give it to a needy teenager if I think it is safe enough.
Thanks for the link btw. I didn't realize someone actually put pen and calculator to the used car market, so much so they got a Nobel for it! For an anecdote though, I have bought one used lemon, but more importantly, that one new truck I bought was probably the sourest lemon I've tasted! Nothing but problems. GM can burn in hell!