Reply to What do all these people driving new Range Rovers do for a living?

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[quote=Anonymous]Back to the original post, you can afford these cars if you don't get them new, like several have said.

I bought a used BMW 540 in good shape with about 120k on it for under $10k; done about $5k in maintenance on it over the last five years, will look to sell it for around $2500 this next summer. That'll be six years of use for $12-13k, which is practically the drive-it-off-the-lot depreciation on a new one. 
To be fair, I do 95% of my own maintenance work, labor would add a fair amount to my expenses. 
Another tip: German manufacturers have started saying certain things (like transmission fluid) are "lifetime fills." What they MEAN is "how long an average first owner will keep the vehicle before getting another one." You might be able to go 300k on the original tranny fluid, but I wouldn't recommend it.  ;)

I'll concur with PPs that say "if you want reliable forever, get an Accord." Japanese cars are great for that, but they don't have a lot of soul. So what's important to you?

I've never bought a new car. When I need a car, I look around for a model that excites me, study its pros and cons, then start shopping for a deal. I'm looking hard at a ~2012ish M5 after I sell this 540.[/quote]

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