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      10-27-2012, 10:54 AM   #15
HighlandPete
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Drives: BMW F11 535i Touring
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Location: Scotland, Highland Region

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Quote:
Originally Posted by rjberry View Post
...I'm with you on the ostrich thinking though. I can't say I ever thought about depreciation, all I wanted was a car I could enjoy now with plenty of toys to boot. A new car is not something you buy with a financial hat on. If you did you'd never buy one. The options are just there to make that depreciation journey a bit more comfortable
But we can take the sting out of the depreciation if we either keep the car a longer time, to amortise the costs over more miles, (that is business sense applied to a car as much as we can). Or buy nearly new, where the depreciation curve, particularly with loads of high cost options, makes most financial sense.

My head ruled this time, a 59k motor with less than 6k miles on the clock, loaded with goodies, at over 40% off of list.

That makes the depreciation journey "much more comfortable".

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