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Old 01-05-2021, 12:14 PM   #5408
edkwon
Scooby Specialist
 
Member#: 453
Join Date: Oct 1999
Location: ***23567;***12373;***12356;***
Vehicle:
2020 Kia Telluride
2021 Porsche Taycan

Default

My car buying rules have evolved to this:

1. Any cars with lower resale/higher depreciation: I keep long term and drive the wheels off

2. Cars with better value retention/lower depreciation, I drive as my 2nd car with lower mileage burden. If I buy, I try to pay it off so I can fully recoup costs when I sell, if I lease, I make sure it had a reasonably high residual value so I don't get killed on the lease terms and end up paying for too much of the car anyway before I return the lease.
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