Topic: What's the best depreciated car of the past 10 years?

[Fobroader]

Either a Pontiac GTO or a G8, healthy GM LS V8 under the hood, solid driveling and infinitely upgradeble. I would love me a FGC, but even the oil changes make my eyes water.

They qualify for value but not depreciation. When GM killed Pontiac you could buy a brand new G8 GT for $27k. they aren't that much less now 4 yrs later.

I say Quattroporte of Jag XF qualify in the depreciation dep't. Better have a hefty slush fund if you buy one though.

Thats my thing, I trust nothing made in Europe.....they are awesome cars, but I am not a super villain living in a hollowed out volcano, I cant afford the upkeep. A GM...hell yeah.

[Weels]

Either a Pontiac GTO or a G8, healthy GM LS V8 under the hood, solid driveling and infinitely upgradeble. I would love me a FGC, but even the oil changes make my eyes water.

They qualify for value but not depreciation. When GM killed Pontiac you could buy a brand new G8 GT for $27k. they aren't that much less now 4 yrs later.

That's what I was thinking. I wouldn't say no to one though.

My $$ would be going here loooooong before any FGC:

http://www.autotrader.com/cars-for-sale/vehicledetails.xhtml?zip=48215&endYear=2014&modelCode1=ISF&showcaseOwnerId=571095&startYear=2008&makeCode1=LEXUS&listingType=used&listingTypes=used&firstRecord=26&sellerTypes=b&searchRadius=500&mmt=%5BLEXUS%5BISF%5B%5D%5D%5B%5D%5D&listingId=327304153&listingIndex=12&Log=0

[Triple Bob]

So very disappointed this didn't get more interest. What's wrong with you people. Update!

http://jalopnik.com/5982789/the-most-depreciated-cars-of-the-past-ten-years?utm_source=jalopnik.com&utm_medium=recirculation&utm_campaign=recirculation

Most would rather dream about new cars they can't afford than used cars they can?

How about these babies?
http://wwwa.autotrader.ca/a/Porsche/Cayenne/NORTH%20YORK/Ontario/5_15413705_ON20080811142122191/?showcpo=ShowCPO
http://wwwa.autotrader.ca/a/BMW/X5/PARIS/Ontario/19_6567536_/?showcpo=ShowCPO

But that's the thing. As a younger man I used to dream about a lot of these cars. Now, with a budget of 30K-40K I can actually own one in reasonable condition!

I'd be very nervous of the maintenance costs of some of those though.

Exactly.This is why they have depreciated to such a level that you can afford it.

Yep.  It's one thing to pay $35k-$40k for a vehicle, but it's another thing entirely constantly shelling out $$$ on repairs and maintenance.  After reading how much Northernridge paid for an oil change for his MB, owning a post warranty FGC would scare the crap out of me.  LOL

Yes, but as Vman said, people seem to think maintenance is an expense, and depreciation non-existent.  If most people actually worked out what they lost in depreciation in the first two years then they'd never buy a new car ever again.  Is $1K in maintenance really expensive for a used car when a new car can lose you $5K-$10K in a year?  But you won't see it, it's hidden in your monthlies.

And there is no reason to go to a dealer for maintenance, especially oil changes.

[Vanstar]

Mercedes Benz S Class cars depreciate in a shocking manner. My business partner recently picked up a loaded 2010 S550 4Matic with 40,000 km in it for $65,000 including factory warranty. That car cost $140,000 new, meaning more than 50% in three years.

That's depreciation. Oh and the car sucks, his W126 was a way better car. The interior of the new one pales in comparison.

[safristi]

Bob's musing to paraphrase  "spending 1K on maintenance,but losing $5-$10K on depreciation...don't notice 'cos it's buried in the monthlies"... a truism non the less but the maintenance WILL be a lot HIGHER in most cases.....but you are driving a nice FGC not a Malibu


  I stopped having Monthlies after Man O' Pause ...thing is many of these Euro Kars are Crap shoots...particularly the older Jags and any Italian stallions.....having V12's and Hefty V8's with all the toys attached(which Germans still seem to fumble the ball on ) can be BIG TIME costly in  a heartbeat..so ROLL the Dice if Uber Expensive olde German metal gets yer Merkel moving ....

[Triple Bob]

I agree, I was so very close to buying a Jag, but the depreciation even after it had already depreciated was a killer.  Plus it wasn't insured against fall apart.

[Railton]

I agree, I was so very close to buying a Jag, but the depreciation even after it had already depreciated was a killer.  Plus it wasn't insured against fall apart.

To be clear, the phrase "Plus it wasn't insured against fall apart." - you mean no CPO available?
Railton

[Triple Bob]

I agree, I was so very close to buying a Jag, but the depreciation even after it had already depreciated was a killer.  Plus it wasn't insured against fall apart.

To be clear, the phrase "Plus it wasn't insured against fall apart." - you mean no CPO available?
Railton

No, it's a simpsons reference. What I mean is that of all the CPO's available the Jag will depreciate the most and will also probably need the most repairs, so it had to come off the list unfortunately. Hopefully the 5 will be worth something when I finally sell it, XJR's are very difficult to get rid of, a lot of the ones I looked at were on sale for months on end.

[Vanstar]

So very disappointed this didn't get more interest. What's wrong with you people. Update!

http://jalopnik.com/5982789/the-most-depreciated-cars-of-the-past-ten-years?utm_source=jalopnik.com&utm_medium=recirculation&utm_campaign=recirculation

Most would rather dream about new cars they can't afford than used cars they can?

How about these babies?
http://wwwa.autotrader.ca/a/Porsche/Cayenne/NORTH%20YORK/Ontario/5_15413705_ON20080811142122191/?showcpo=ShowCPO
http://wwwa.autotrader.ca/a/BMW/X5/PARIS/Ontario/19_6567536_/?showcpo=ShowCPO

But that's the thing. As a younger man I used to dream about a lot of these cars. Now, with a budget of 30K-40K I can actually own one in reasonable condition!

I'd be very nervous of the maintenance costs of some of those though.

Exactly.This is why they have depreciated to such a level that you can afford it.

Yep.  It's one thing to pay $35k-$40k for a vehicle, but it's another thing entirely constantly shelling out $$$ on repairs and maintenance.  After reading how much Northernridge paid for an oil change for his MB, owning a post warranty FGC would scare the crap out of me.  LOL

Yes, but as Vman said, people seem to think maintenance is an expense, and depreciation non-existent.  If most people actually worked out what they lost in depreciation in the first two years then they'd never buy a new car ever again.  Is $1K in maintenance really expensive for a used car when a new car can lose you $5K-$10K in a year?  But you won't see it, it's hidden in your monthlies.

And there is no reason to go to a dealer for maintenance, especially oil changes.

Well said, Bob. People in this era are so used to perpetual car payments and the thrill of having a new car, they don't even consider what it is costing them.

Like in my associate's case. He knows what it costs, yet he needs a flash ride to wow clients, 99.99% of whom can't tell a 2010 S Class from a 2013. Even with an additional 5 yr/100,000 km factory warranty, his car was 50% of the price of a new one. So what if maintenance is $1000 a year, it is dirt cheap compared to buying new luxury cars.

[Snowman]

So very disappointed this didn't get more interest. What's wrong with you people. Update!

http://jalopnik.com/5982789/the-most-depreciated-cars-of-the-past-ten-years?utm_source=jalopnik.com&utm_medium=recirculation&utm_campaign=recirculation

Most would rather dream about new cars they can't afford than used cars they can?

How about these babies?
http://wwwa.autotrader.ca/a/Porsche/Cayenne/NORTH%20YORK/Ontario/5_15413705_ON20080811142122191/?showcpo=ShowCPO
http://wwwa.autotrader.ca/a/BMW/X5/PARIS/Ontario/19_6567536_/?showcpo=ShowCPO

But that's the thing. As a younger man I used to dream about a lot of these cars. Now, with a budget of 30K-40K I can actually own one in reasonable condition!

I'd be very nervous of the maintenance costs of some of those though.

Exactly.This is why they have depreciated to such a level that you can afford it.

Yep.  It's one thing to pay $35k-$40k for a vehicle, but it's another thing entirely constantly shelling out $$$ on repairs and maintenance.  After reading how much Northernridge paid for an oil change for his MB, owning a post warranty FGC would scare the crap out of me.  LOL

Yes, but as Vman said, people seem to think maintenance is an expense, and depreciation non-existent.  If most people actually worked out what they lost in depreciation in the first two years then they'd never buy a new car ever again.  Is $1K in maintenance really expensive for a used car when a new car can lose you $5K-$10K in a year?  But you won't see it, it's hidden in your monthlies.

And there is no reason to go to a dealer for maintenance, especially oil changes.

Well said, Bob. People in this era are so used to perpetual car payments and the thrill of having a new car, they don't even consider what it is costing them.

Like in my associate's case. He knows what it costs, yet he needs a flash ride to wow clients, 99.99% of whom can't tell a 2010 S Class from a 2013. Even with an additional 5 yr/100,000 km factory warranty, his car was 50% of the price of a new one. So what if maintenance is $1000 a year, it is dirt cheap compared to buying new luxury cars.

Regular maintenance is not an issue, it is the catastrophic failures outside of warranty that are for me. There might be $20k-$30k savings on purchasing an older out of warranty car but if you do not have $20k in the bank for these surprises then IMO you are foolish.

[Triple Bob]

So very disappointed this didn't get more interest. What's wrong with you people. Update!

http://jalopnik.com/5982789/the-most-depreciated-cars-of-the-past-ten-years?utm_source=jalopnik.com&utm_medium=recirculation&utm_campaign=recirculation

Most would rather dream about new cars they can't afford than used cars they can?

How about these babies?
http://wwwa.autotrader.ca/a/Porsche/Cayenne/NORTH%20YORK/Ontario/5_15413705_ON20080811142122191/?showcpo=ShowCPO
http://wwwa.autotrader.ca/a/BMW/X5/PARIS/Ontario/19_6567536_/?showcpo=ShowCPO

But that's the thing. As a younger man I used to dream about a lot of these cars. Now, with a budget of 30K-40K I can actually own one in reasonable condition!

I'd be very nervous of the maintenance costs of some of those though.

Exactly.This is why they have depreciated to such a level that you can afford it.

Yep.  It's one thing to pay $35k-$40k for a vehicle, but it's another thing entirely constantly shelling out $$$ on repairs and maintenance.  After reading how much Northernridge paid for an oil change for his MB, owning a post warranty FGC would scare the crap out of me.  LOL

Yes, but as Vman said, people seem to think maintenance is an expense, and depreciation non-existent.  If most people actually worked out what they lost in depreciation in the first two years then they'd never buy a new car ever again.  Is $1K in maintenance really expensive for a used car when a new car can lose you $5K-$10K in a year?  But you won't see it, it's hidden in your monthlies.

And there is no reason to go to a dealer for maintenance, especially oil changes.

Well said, Bob. People in this era are so used to perpetual car payments and the thrill of having a new car, they don't even consider what it is costing them.

Like in my associate's case. He knows what it costs, yet he needs a flash ride to wow clients, 99.99% of whom can't tell a 2010 S Class from a 2013. Even with an additional 5 yr/100,000 km factory warranty, his car was 50% of the price of a new one. So what if maintenance is $1000 a year, it is dirt cheap compared to buying new luxury cars.

Regular maintenance is not an issue, it is the catastrophic failures outside of warranty that are for me. There might be $20k-$30k savings on purchasing an older out of warranty car but if you do not have $20k in the bank for these surprises then IMO you are foolish.

Maybe so for a V12 S-Class, but not for most cars.

[Railton]

So very disappointed this didn't get more interest. What's wrong with you people. Update!

http://jalopnik.com/5982789/the-most-depreciated-cars-of-the-past-ten-years?utm_source=jalopnik.com&utm_medium=recirculation&utm_campaign=recirculation

Most would rather dream about new cars they can't afford than used cars they can?

How about these babies?
http://wwwa.autotrader.ca/a/Porsche/Cayenne/NORTH%20YORK/Ontario/5_15413705_ON20080811142122191/?showcpo=ShowCPO
http://wwwa.autotrader.ca/a/BMW/X5/PARIS/Ontario/19_6567536_/?showcpo=ShowCPO

But that's the thing. As a younger man I used to dream about a lot of these cars. Now, with a budget of 30K-40K I can actually own one in reasonable condition!

I'd be very nervous of the maintenance costs of some of those though.

Exactly.This is why they have depreciated to such a level that you can afford it.

Yep.  It's one thing to pay $35k-$40k for a vehicle, but it's another thing entirely constantly shelling out $$$ on repairs and maintenance.  After reading how much Northernridge paid for an oil change for his MB, owning a post warranty FGC would scare the crap out of me.  LOL

Yes, but as Vman said, people seem to think maintenance is an expense, and depreciation non-existent.  If most people actually worked out what they lost in depreciation in the first two years then they'd never buy a new car ever again.  Is $1K in maintenance really expensive for a used car when a new car can lose you $5K-$10K in a year?  But you won't see it, it's hidden in your monthlies.

And there is no reason to go to a dealer for maintenance, especially oil changes.

Well said, Bob. People in this era are so used to perpetual car payments and the thrill of having a new car, they don't even consider what it is costing them.

Like in my associate's case. He knows what it costs, yet he needs a flash ride to wow clients, 99.99% of whom can't tell a 2010 S Class from a 2013. Even with an additional 5 yr/100,000 km factory warranty, his car was 50% of the price of a new one. So what if maintenance is $1000 a year, it is dirt cheap compared to buying new luxury cars.

Regular maintenance is not an issue, it is the catastrophic failures outside of warranty that are for me. There might be $20k-$30k savings on purchasing an older out of warranty car but if you do not have $20k in the bank for these surprises then IMO you are foolish.

Railton

[CanuckS2K]

So very disappointed this didn't get more interest. What's wrong with you people. Update!

http://jalopnik.com/5982789/the-most-depreciated-cars-of-the-past-ten-years?utm_source=jalopnik.com&utm_medium=recirculation&utm_campaign=recirculation

Most would rather dream about new cars they can't afford than used cars they can?

How about these babies?
http://wwwa.autotrader.ca/a/Porsche/Cayenne/NORTH%20YORK/Ontario/5_15413705_ON20080811142122191/?showcpo=ShowCPO
http://wwwa.autotrader.ca/a/BMW/X5/PARIS/Ontario/19_6567536_/?showcpo=ShowCPO

But that's the thing. As a younger man I used to dream about a lot of these cars. Now, with a budget of 30K-40K I can actually own one in reasonable condition!

I'd be very nervous of the maintenance costs of some of those though.

Exactly.This is why they have depreciated to such a level that you can afford it.

Yep.  It's one thing to pay $35k-$40k for a vehicle, but it's another thing entirely constantly shelling out $$$ on repairs and maintenance.  After reading how much Northernridge paid for an oil change for his MB, owning a post warranty FGC would scare the crap out of me.  LOL

Yes, but as Vman said, people seem to think maintenance is an expense, and depreciation non-existent.  If most people actually worked out what they lost in depreciation in the first two years then they'd never buy a new car ever again.  Is $1K in maintenance really expensive for a used car when a new car can lose you $5K-$10K in a year?  But you won't see it, it's hidden in your monthlies.

And there is no reason to go to a dealer for maintenance, especially oil changes.

Well said, Bob. People in this era are so used to perpetual car payments and the thrill of having a new car, they don't even consider what it is costing them.

Like in my associate's case. He knows what it costs, yet he needs a flash ride to wow clients, 99.99% of whom can't tell a 2010 S Class from a 2013. Even with an additional 5 yr/100,000 km factory warranty, his car was 50% of the price of a new one. So what if maintenance is $1000 a year, it is dirt cheap compared to buying new luxury cars.

The question is, how many people that buy a $40K used car are paying cash and are void of car payments?  I have no idea what the numbers are, but I'd hazard a guess that most people are still financing and have monthly payments.  So if that is indeed the case, having monthly payments AND high maintenance/repairs bills on these vehicles can easily send you into financial hell! 

[mmret]

So very disappointed this didn't get more interest. What's wrong with you people. Update!

http://jalopnik.com/5982789/the-most-depreciated-cars-of-the-past-ten-years?utm_source=jalopnik.com&utm_medium=recirculation&utm_campaign=recirculation

Most would rather dream about new cars they can't afford than used cars they can?

How about these babies?
http://wwwa.autotrader.ca/a/Porsche/Cayenne/NORTH%20YORK/Ontario/5_15413705_ON20080811142122191/?showcpo=ShowCPO
http://wwwa.autotrader.ca/a/BMW/X5/PARIS/Ontario/19_6567536_/?showcpo=ShowCPO

But that's the thing. As a younger man I used to dream about a lot of these cars. Now, with a budget of 30K-40K I can actually own one in reasonable condition!

I'd be very nervous of the maintenance costs of some of those though.

Exactly.This is why they have depreciated to such a level that you can afford it.

Yep.  It's one thing to pay $35k-$40k for a vehicle, but it's another thing entirely constantly shelling out $$$ on repairs and maintenance.  After reading how much Northernridge paid for an oil change for his MB, owning a post warranty FGC would scare the crap out of me.  LOL

Yes, but as Vman said, people seem to think maintenance is an expense, and depreciation non-existent.  If most people actually worked out what they lost in depreciation in the first two years then they'd never buy a new car ever again.  Is $1K in maintenance really expensive for a used car when a new car can lose you $5K-$10K in a year?  But you won't see it, it's hidden in your monthlies.

And there is no reason to go to a dealer for maintenance, especially oil changes.

Well said, Bob. People in this era are so used to perpetual car payments and the thrill of having a new car, they don't even consider what it is costing them.

Like in my associate's case. He knows what it costs, yet he needs a flash ride to wow clients, 99.99% of whom can't tell a 2010 S Class from a 2013. Even with an additional 5 yr/100,000 km factory warranty, his car was 50% of the price of a new one. So what if maintenance is $1000 a year, it is dirt cheap compared to buying new luxury cars.

The question is, how many people that buy a $40K used car are paying cash and are void of car payments? 

 

Sent from my SGH-I747 using Tapatalk 2

[Snowman]

So very disappointed this didn't get more interest. What's wrong with you people. Update!

http://jalopnik.com/5982789/the-most-depreciated-cars-of-the-past-ten-years?utm_source=jalopnik.com&utm_medium=recirculation&utm_campaign=recirculation

Most would rather dream about new cars they can't afford than used cars they can?

How about these babies?
http://wwwa.autotrader.ca/a/Porsche/Cayenne/NORTH%20YORK/Ontario/5_15413705_ON20080811142122191/?showcpo=ShowCPO
http://wwwa.autotrader.ca/a/BMW/X5/PARIS/Ontario/19_6567536_/?showcpo=ShowCPO

But that's the thing. As a younger man I used to dream about a lot of these cars. Now, with a budget of 30K-40K I can actually own one in reasonable condition!

I'd be very nervous of the maintenance costs of some of those though.

Exactly.This is why they have depreciated to such a level that you can afford it.

Yep.  It's one thing to pay $35k-$40k for a vehicle, but it's another thing entirely constantly shelling out $$$ on repairs and maintenance.  After reading how much Northernridge paid for an oil change for his MB, owning a post warranty FGC would scare the crap out of me.  LOL

Yes, but as Vman said, people seem to think maintenance is an expense, and depreciation non-existent.  If most people actually worked out what they lost in depreciation in the first two years then they'd never buy a new car ever again.  Is $1K in maintenance really expensive for a used car when a new car can lose you $5K-$10K in a year?  But you won't see it, it's hidden in your monthlies.

And there is no reason to go to a dealer for maintenance, especially oil changes.

Well said, Bob. People in this era are so used to perpetual car payments and the thrill of having a new car, they don't even consider what it is costing them.

Like in my associate's case. He knows what it costs, yet he needs a flash ride to wow clients, 99.99% of whom can't tell a 2010 S Class from a 2013. Even with an additional 5 yr/100,000 km factory warranty, his car was 50% of the price of a new one. So what if maintenance is $1000 a year, it is dirt cheap compared to buying new luxury cars.

Regular maintenance is not an issue, it is the catastrophic failures outside of warranty that are for me. There might be $20k-$30k savings on purchasing an older out of warranty car but if you do not have $20k in the bank for these surprises then IMO you are foolish.

Maybe so for a V12 S-Class, but not for most cars.

Add Porsche, Audi, BMW, and Mercedes Benz to the list. We won't get into British, French, and Italian  . Not that I don't like or want to own a FGC but as I buyer I accept the risks. I know a few Porsche owners who lose sleep and talked me out of my desire to buy a 911 last year. Basically told me to stay away if I was not prepared to keep $15k on hand for an IMS failure.

[Vanstar]

So very disappointed this didn't get more interest. What's wrong with you people. Update!

http://jalopnik.com/5982789/the-most-depreciated-cars-of-the-past-ten-years?utm_source=jalopnik.com&utm_medium=recirculation&utm_campaign=recirculation

Most would rather dream about new cars they can't afford than used cars they can?

How about these babies?
http://wwwa.autotrader.ca/a/Porsche/Cayenne/NORTH%20YORK/Ontario/5_15413705_ON20080811142122191/?showcpo=ShowCPO
http://wwwa.autotrader.ca/a/BMW/X5/PARIS/Ontario/19_6567536_/?showcpo=ShowCPO

But that's the thing. As a younger man I used to dream about a lot of these cars. Now, with a budget of 30K-40K I can actually own one in reasonable condition!

I'd be very nervous of the maintenance costs of some of those though.

Exactly.This is why they have depreciated to such a level that you can afford it.

Yep.  It's one thing to pay $35k-$40k for a vehicle, but it's another thing entirely constantly shelling out $$$ on repairs and maintenance.  After reading how much Northernridge paid for an oil change for his MB, owning a post warranty FGC would scare the crap out of me.  LOL

Yes, but as Vman said, people seem to think maintenance is an expense, and depreciation non-existent.  If most people actually worked out what they lost in depreciation in the first two years then they'd never buy a new car ever again.  Is $1K in maintenance really expensive for a used car when a new car can lose you $5K-$10K in a year?  But you won't see it, it's hidden in your monthlies.

And there is no reason to go to a dealer for maintenance, especially oil changes.

Well said, Bob. People in this era are so used to perpetual car payments and the thrill of having a new car, they don't even consider what it is costing them.

Like in my associate's case. He knows what it costs, yet he needs a flash ride to wow clients, 99.99% of whom can't tell a 2010 S Class from a 2013. Even with an additional 5 yr/100,000 km factory warranty, his car was 50% of the price of a new one. So what if maintenance is $1000 a year, it is dirt cheap compared to buying new luxury cars.

Regular maintenance is not an issue, it is the catastrophic failures outside of warranty that are for me. There might be $20k-$30k savings on purchasing an older out of warranty car but if you do not have $20k in the bank for these surprises then IMO you are foolish.

In my partner's case, the car included bumper to bumper for five additional years and up to 160,000 km. The car now has 50,000 km on it. Usually luxury used cars include factory warranties. My Acura also did.

[Snowman]

So very disappointed this didn't get more interest. What's wrong with you people. Update!

http://jalopnik.com/5982789/the-most-depreciated-cars-of-the-past-ten-years?utm_source=jalopnik.com&utm_medium=recirculation&utm_campaign=recirculation

Most would rather dream about new cars they can't afford than used cars they can?

How about these babies?
http://wwwa.autotrader.ca/a/Porsche/Cayenne/NORTH%20YORK/Ontario/5_15413705_ON20080811142122191/?showcpo=ShowCPO
http://wwwa.autotrader.ca/a/BMW/X5/PARIS/Ontario/19_6567536_/?showcpo=ShowCPO

But that's the thing. As a younger man I used to dream about a lot of these cars. Now, with a budget of 30K-40K I can actually own one in reasonable condition!

I'd be very nervous of the maintenance costs of some of those though.

Exactly.This is why they have depreciated to such a level that you can afford it.

Yep.  It's one thing to pay $35k-$40k for a vehicle, but it's another thing entirely constantly shelling out $$$ on repairs and maintenance.  After reading how much Northernridge paid for an oil change for his MB, owning a post warranty FGC would scare the crap out of me.  LOL

Yes, but as Vman said, people seem to think maintenance is an expense, and depreciation non-existent.  If most people actually worked out what they lost in depreciation in the first two years then they'd never buy a new car ever again.  Is $1K in maintenance really expensive for a used car when a new car can lose you $5K-$10K in a year?  But you won't see it, it's hidden in your monthlies.

And there is no reason to go to a dealer for maintenance, especially oil changes.

Well said, Bob. People in this era are so used to perpetual car payments and the thrill of having a new car, they don't even consider what it is costing them.

Like in my associate's case. He knows what it costs, yet he needs a flash ride to wow clients, 99.99% of whom can't tell a 2010 S Class from a 2013. Even with an additional 5 yr/100,000 km factory warranty, his car was 50% of the price of a new one. So what if maintenance is $1000 a year, it is dirt cheap compared to buying new luxury cars.

Regular maintenance is not an issue, it is the catastrophic failures outside of warranty that are for me. There might be $20k-$30k savings on purchasing an older out of warranty car but if you do not have $20k in the bank for these surprises then IMO you are foolish.

In my partner's case, the car included bumper to bumper for five additional years and up to 160,000 km. The car now has 50,000 km on it. Usually luxury used cars include factory warranties. My Acura also did.

That is the only way I would go.