Posted by Ron-MO on October 30, 2015 at 07:57:59 from (108.171.131.170):
In Reply to: truck leases posted by Nick167 on October 29, 2015 at 16:46:52:
Not sure I agree with the concept of buying a 2 year old vehicle, unless it is from an individual and price is right. Every time I went shopping for a couple year old truck at dealers I found I could buy new for almost the same price, and have zero miles, full warranty, and avoid buying one that had been wrecked and fixed. Dealers tend to price those 2 year old vehicles a few thousand below sticker of new, which at first glance appears to be a good deal compared to what you see on that sticker, but keep in mind no one should be paying anywhere sticker for a new one. As a matter of fact, I purchased a 2011 full size new a few years ago that stickered for roughly 36,000. By the time discounts, rebates, etc was taken off, I was down to roughly 30,000, then by time I negotiated, they took off my trade, etc, I was down to roughly 18,000. I am fairly sure that a 2 year old similar truck at that time would have likely easily been in the 30K range which would have put me paying nearly the same $$ for a used truck. Any more I either buy new when best discounts are to be had, or older stuff from individuals. My daily driver is a 1998 model with over 260,000 on it which I paid 2,000 for a couple years ago. I figure that one is probably worth about what I paid for it (if someone is willing to overlook the high miles), so cost of ownership on that one is very low. Unfortunately, I cannot say the same for the 2011 truck.
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