Forum Discussion
rickeoni
Jan 21, 2014Explorer
I agree on the 3 year old scenario. I have worked in the automotive industry for almost 40 years and aside from company cars ( which I do not drive anymore due to crazy taxes ) I have always purchased 3 year old vehicles as they are plentiful, and you have a large number to choose from. Let someone else take the depreciation hit of over 50%, and keep driving it till it drops, I had over 350,000 miles on my Suburban with just routine maintenance. Preventative work is the key to vehicle longevity, on older vehicles there is too much of a risk that the vehicle has been poorly maintained and is just a wallet bomb waiting to happen.
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