+1 !
And I'm always doing the maths looking at newer used cars on the internet and against how much I will be spending on my X5 for the months to come...
Endless question, but always fun to think about.
Quote:
Originally Posted by dkl
I agree with "zonefive" about repairing your existing car. You shouldn't be too concern about the resale value since you won't be selling it once it's been repaired. What you should be more concern with is will that $4k spent cost less than the expense incurred with buying that new CPO, including taxes and depreciation over the same period that you expected your $4k repair to last. People keep getting hung up on what the existing car is worth, but you should really be looking at your overall out of pocket cost when doing comparisons.
But if you really want a new car, then that's a different thing - nothing wrong with that.
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