Tuesday, 18 October 2011

people have too much money

I know they'll scream that this is wrong, but how else can you explain that someone would be willing to pay $40,000 for a car and then accept loosing over $20,000 in three years?

no wonder people don't give a shit about the price of fuel, depreciation is so costly as to make fuel irrelevant.

There's something really wrong with this picture


awarrumbungle said...

Interesting, some things to consider;

Cars are a status symbol to many - how do you value status?

The real depreciation of cars i.e the cost of maintaining older cars.

Ability to finance makes a new car purchase appear cheaper

Tax depreciation benefits

Who is buying new cars? Companies....?

writergenn said...

Maybe sir would prefer something less common:

Check out the 2009 Maybach 57 240 on redbook for some really impressive numbers.

obakesan said...


So far my spending on maintaining older cars usually runs to under 2000 a year. This history runs over the cars I've owned since 1981. I reckon that if reliable and low cost was actually a criteria for most customers that makers would make them that way. But your point about status is on the money I reckon