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New 09 vs Used 06?

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Old 07-12-2010, 07:48 AM
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Originally Posted by JLUDE,Jul 12 2010, 05:44 AM
Originally Posted by hicabi,Jul 11 2010, 01:04 AM
If you can afford it, definitely get the newest model with the least miles.
I never did understand this mentality.

Sure less chance of a problem caused by a P.O. but unless you are loaded and like wasting money, buying a new car is never a good idea financially. Have the used car checked out by a good mechanic including a leak down and compression test if you are worried it was abused. If you have to finance the car saving $15,000 off the cost at a 5+% APR loan is a lot of money saved! I don't regret buying used in the least and will never buy a car new.
You're misconstruing what was stated for one thing.

The newest model with the least miles that I could afford was a year old with 5,000 miles (and significantly less than a comparable new model). He's not saying "buy new off the dealer lot regardless of your budget" as you've apparently decided to interpret it.
Old 07-12-2010, 07:49 AM
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Originally Posted by CKit,Jul 10 2010, 08:51 PM
The actual difference is less.
I disagree, since the 09 is still in the steeper part of the depreciation curve, and you have to consider the financing (or opportunity) cost of the extra $14K. The difference will in actuality be more!
Old 07-12-2010, 07:54 AM
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06 all the way, why would you waste so much money on the 09? Not like the car is faster or better looking....
Old 07-12-2010, 07:56 AM
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I would warn against the demo... to an extent

I bought my mazda3 (daily driver) as a demo. Its treated me fabulously except for one minor (major) issue. The transmission went around 35k. The syncros were shot. It was replaced under warranty though, so it wasnt really a big deal.
Old 07-12-2010, 08:01 AM
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Both cars are used, and an 06 is not effectively any different then an 09, so save a lot of money and get the 06.
Old 07-12-2010, 08:04 AM
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I agree. I would just spend 10k and get an older model in general. These cars can handle the test of time. And with a 10k model, you can beat on it at the track a lot more without feeling guilty
Old 07-12-2010, 08:45 AM
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I'd go for the 06. Why pay more for the same car?

( couldn't resist)
Old 07-12-2010, 10:35 AM
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Originally Posted by YEGGT,Jul 12 2010, 09:53 AM
.. though I can afford to lose the $1000 deposit I left over the weekend on it ...
Old 07-12-2010, 10:42 AM
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hi there, just for your information you could get a brand new s2k in 07/08 for 42-43K in canada. The list price was 50 but there was a 7-8k cash rebate from honda due to the strong canadian dollar. Paying 43 for a demo with 10, 000 km on it is WAY too much. Are you in Edmonton? Im guessing youre talking about the sk2 at millwoods honda?
Old 07-12-2010, 11:28 AM
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That's the one.. 40k for it, all in. What do you think?

I spoke to another member here earlier, he thinks the 06 with 50k kms (which is about 12,000k / yr) is pretty high as well.. the seller claims it's mostly highway km..... he's got an 02 and his mileage isn't even past 50k yet, and it's his daily driver.


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