ARK
Well-Known Member
- Joined
- Aug 21, 2020
- Threads
- 45
- Messages
- 2,938
- Reaction score
- 4,297
- Location
- Los Angeles
- Vehicles
- '21 Premium SR AWD
It’s definitely a different part of the market but high used prices for your car definitely help you financially. Even if you only lease a vehicle, if it is established that the brand retains a higher used value, your lease ends up being cheaper, so it still impacts you.I guess that’s great for the used car market but by the time I’d reach 1000 or 2000+ cycles I personally probably wouldn’t have my vehicle anymore. As great as it is to have a vehicle that can update, being a tech person I’m also aware that every few years or so there’s going to be a major upgrade somewhere that doesn’t apply to older vehicles and I’ll want to have a newer vehicle for that tech and the fact that it’s newer and most likely more reliable (from the perspective of new vs old).
And of course if you own it, you take less of a depreciation hit when you sell after a few years.
Sponsored