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Reply to "How to buy a car"
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[quote=Anonymous][quote=Anonymous]I'm not so sure that the advice to buy a used car a few years old really applies anymore, at least not for Japanese cars and if you are buying from a dealer. That was definitely good advice prior to 2008 or so, but the used car market has changed a lot in the last few years. As an example, if you price Corollas on Carmax, you'll see that a three-year-old model is only about $3K cheaper than a new one(~14K vs ~17K for an LE), and you then miss out on the first three years of the car's life, which are usually the cheapest and most hassle-free to operate. I haven't tried Costco, but did try a different buying program I have access to from work. I was not particularly impressed with it, and did a lot better just calling and/or e-mailing the dealerships around the area to get the best price on the model I wanted. The down-side was continuing to get voicemail and e-mail messages from sales people at every dealership for a few weeks after I had bought the car.[/quote] I've found this to be the case when looking for used Honda Accords as well. They don't seem to depreciate much within the first few years.[/quote]
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