there is no investment component to a car.
it is purely an expense proposition. how much money are you going to spend on transportation over x amount of time. add up car payments, insurance (something that GM and Ford are usually still cheaper in), gas (hopefully not premium), license tabs, maintenance and repair costs.
there is no investment component to a car.
there is no investment component to a car.
you are not investing in anything. every damn car loses money. you INVEST to make money.
so the cars that have 'higher resale'.......also cost more to start almost without fail. much more.
maybe mr. true delta can plug his site here.
you're not always gonna get assfked on a domestic, and your not always going to come out smelling like a rose on Honda or Toyota.
If there is one trend I fully expect to see with the sales increase of Toyota, is there resale value to go down. two reasons, they are bigger and need to feed the machine in the future and fend off HEEYOONDIE so they can't resist flooding the market. increased supply = lower resale. Second, the 'status' of owning one will start to go away, as more and more non-privileged folks start to buy more toyotas, and as their quality inevtiably withers, the mystique will start to die and the resale phenomenon created by it will still to erode. Plus you've got all those folks trying toyhonda for the first time and in 2-3 years might simply decide its not wroth the fuss anymore because the cost is too high. So now we'll have a glut of used ToyoHondas.
Its inevitable. Toyotas resale will start to fall into line more with the average of all other makes. There's only so many stupid folks who believe the myth that its 'more than just a car'.
Check another topic to see my Caravan vs. Odyssey cost ananlysis and why even the most stuffy yuppie can't justify the notion of an Odyssey being cheaper to run than a Grand Caravan, because no matter how you slice it, the Odyssey is much more and it is due to the luxury over necessity factor. Even though the ODy's %age is higher on resid., the price difference from the start comparably equipped in either a lease or a buy situation in no way can be manufactured in favor of the Odyssey. So in the end, you are spending more, yes, maybe on a better van, BUT DON'T DARE CALL IT AN INVESTMENT. IT'S AN EXPENSE.