Forum Discussion
Pico2011
Jan 18, 2014Explorer
Thanks, all good comments.
How does one justify the cost of new vs. used?
The way I see it (and please correct me if I am way off base) a new 2014 37 gas model is 130K MSRP (so 100K OTD with the usual 25%-30% discount) with a 3/36 warranty. Where as a used 07-08 of the same size may be 60-65K, but then you have to add on the maintenance, warranty, if any, assuming about 5K for tires and tune up, about a 30-35K savings and less depreciation hit when I sell it in a few years to trade up to a full time DP.
Does my math add up? :)
Are my assumptions logical in this case?
How does one justify the cost of new vs. used?
The way I see it (and please correct me if I am way off base) a new 2014 37 gas model is 130K MSRP (so 100K OTD with the usual 25%-30% discount) with a 3/36 warranty. Where as a used 07-08 of the same size may be 60-65K, but then you have to add on the maintenance, warranty, if any, assuming about 5K for tires and tune up, about a 30-35K savings and less depreciation hit when I sell it in a few years to trade up to a full time DP.
Does my math add up? :)
Are my assumptions logical in this case?
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