OT: Sens Lounge LXXXV | Swede Dreams Are Made Of Cheese

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BigBush*

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Honda civic, Toyota Corolla, Mitsubishi Lancer are all great options. Buy 2-3 years old, with 40-50,000km. You'll get the best bang for your buck and be set for a long time.

Really? You think its better to buy a few years old?
 

BonkTastic

ಠ_ಠ
Nov 9, 2010
30,901
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Parts Unknown
Really? You think its better to buy a few years old?

It is without a doubt financially FAR better to buy a recently used car, even if it's only one year old. ESPECIALLY if it's only one year old.

On almost every make or model, a car depreciates over 25% over it's first year. Did you spend $30k on a new car? Congrats, it's worth $22,500 after one year. I hope you put a crap-ton of KM's on it to justify driving a year in a new car for $7,500.

"How much does it depreciate in the second year", you ask? Oh, about 6 to 10 percent. The "premium" you pay to drive a car off the lot for the first year it's off the road is crazy. It makes no financial sense whatsoever.

If you can find a one-year old used car with under 20k km's on it, it's not even an argument. Of course, different maked and models will wear out faster than others, so it's not like you don't have to do your homework.
 

BigBush*

Guest
It is without a doubt financially FAR better to buy a recently used car, even if it's only one year old. ESPECIALLY if it's only one year old.

On almost every make or model, a car depreciates over 25% over it's first year. Did you spend $30k on a new car? Congrats, it's worth $22,500 after one year. I hope you put a crap-ton of KM's on it to justify driving a year in a new car for $7,500.

"How much does it depreciate in the second year", you ask? Oh, about 6 to 10 percent. The "premium" you pay to drive a car off the lot for the first year it's off the road is crazy. It makes no financial sense whatsoever.

If you can find a one-year old used car with under 20k km's on it, it's not even an argument. Of course, different maked and models will wear out faster than others, so it's not like you don't have to do your homework.

Ya, I know that cars depreciate value quickly, but im not looking at what its value is going to be a year after I buy it, more so how its going to be valued in 10 years.

I kind of like the idea of being able to take care of that car from day 1 and making sure its been driven well, which you kind of dont know when you buy a used car.

It might make more sense though to lower my budget to $10 000 and try to find a car thats only a few years old with low kms on it.
 

DrakeAndJosh

Intangibles
Jun 19, 2010
11,863
1,781
Kanata
Ya, I know that cars depreciate value quickly, but im not looking at what its value is going to be a year after I buy it, more so how its going to be valued in 10 years.

I kind of like the idea of being able to take care of that car from day 1 and making sure its been driven well, which you kind of dont know when you buy a used car.

It might make more sense though to lower my budget to $10 000 and try to find a car thats only a few years old with low kms on it.

The point of buying a one year old car is that the first year is the year it depreciates the most. It's basically paying 20k for ten years of a car instead of 12k for nine years of a car. I totally get wanting to take care of the car from day one, but as long as you get it checked before you buy it it really isn't worth going new, at least in my opinion.
 

PeterSidorkiewicz

HFWF Tourney Undisputed Champion
Apr 30, 2004
32,442
9,701
Lansing, MI
It is without a doubt financially FAR better to buy a recently used car, even if it's only one year old. ESPECIALLY if it's only one year old.

On almost every make or model, a car depreciates over 25% over it's first year. Did you spend $30k on a new car? Congrats, it's worth $22,500 after one year. I hope you put a crap-ton of KM's on it to justify driving a year in a new car for $7,500.

"How much does it depreciate in the second year", you ask? Oh, about 6 to 10 percent. The "premium" you pay to drive a car off the lot for the first year it's off the road is crazy. It makes no financial sense whatsoever.

If you can find a one-year old used car with under 20k km's on it, it's not even an argument. Of course, different maked and models will wear out faster than others, so it's not like you don't have to do your homework.

Except the car I want, a Subaru Outback. They pretty much barely depreciate. If you factor in the higher interest rate buying used its looking like it's going to make more sense for me to buy new.
 

PoutineSp00nZ

Electricity is really just organized lightning.
Jul 21, 2009
20,343
6,016
Ottawa
SO part of this new Nanny State law Ontario has barfed up bans the use of vapourizers or e-cigarettes everywhere that tobacco products are already banned.

Talk about ******** right there. Way to make it less easy for people to get off regular cigarettes to a safer alternative.
 

PeterSidorkiewicz

HFWF Tourney Undisputed Champion
Apr 30, 2004
32,442
9,701
Lansing, MI
SO part of this new Nanny State law Ontario has barfed up bans the use of vapourizers or e-cigarettes everywhere that tobacco products are already banned.

Talk about ******** right there. Way to make it less easy for people to get off regular cigarettes to a safer alternative.

I'm going to have to disagree with you there. I've been at bars with people using their ecigs and be vapor flies right in my face while I'm trying to eat. Plus everything I've read is that they're just as bad as regular cigs.
 

BonkTastic

ಠ_ಠ
Nov 9, 2010
30,901
10,092
Parts Unknown
I'm going to have to disagree with you there. I've been at bars with people using their ecigs and be vapor flies right in my face while I'm trying to eat. Plus everything I've read is that they're just as bad as regular cigs.

This was on the front page on Reddit last night, and unlike most of the sciencey articles that get posted with very shaky merit or data, this one seems quite direct & conclusive.


E-Cigarette Vapor - Even when Nicotine-Free - Found to Damage Lung Cells

a)
a team of researchers adds its findings to others that suggest nicotine in any form is damaging to lungs. This new research also suggests that non-nicotine-containing e-cig solutions have a damaging effect on lung health, leading researchers to call for more e-cig research.

b)
Their findings shed light on how cigarette smoke damages the lungs and point directly to nicotine as the cause. “Nicotine has dose-dependent deleterious pulmonary effects that result in loss of lung endothelial barrier function, acute lung inflammation and decreased lung endothelial cell proliferation,” they wrote. The effects of nicotine were seen both in cigarette smoke and in e-cig solutions that contained nicotine.

c)
Interestingly, nicotine-free e-cig solutions were also found to include lung-harming substances, such as acrolein. This substance, which is present in both e-cig solution and vapor, has been shown to damage the lungs by attacking the molecules that hold endothelial cells together.
 

Benjamin

Differently Financed
Jun 14, 2010
31,148
459
yes
Drinking a ton of really strong coffee and a ton of lemon and lime concentrate a few hours before going to the movie theatre is not a smart idea.
 

PeterSidorkiewicz

HFWF Tourney Undisputed Champion
Apr 30, 2004
32,442
9,701
Lansing, MI
I love reading peer reviewed scholarly articles so I'm assuming that's one you posted right there and I know these studies need to be done but it's like, inhaling chemicals are bad for your lungs, news at 11.
 
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