used cars less than 2 years old?
#16
Lexus Fanatic
I am considering getting a gently used car, but am wondering why there are so many used cars for sale less than 2 years old with low mileage. I can understand used cars that are 3 years old with 30k miles because of leasing, but when I see a 2011 or 2012 car with less than 10k miles for sale, it makes me skeptical. I would think someone sold it because there was something really wrong with it. Am I being paranoid?
I'd rather not spend more than 40k, so I'd rather get something like a low mileage GS350 than a 2013 IS250. Thanks in advance.
I'd rather not spend more than 40k, so I'd rather get something like a low mileage GS350 than a 2013 IS250. Thanks in advance.
Last edited by mmarshall; 12-21-12 at 09:51 AM.
#17
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Thanks for the info.
I will look to buy. I also drive maybe 5k miles/year, so lease would not be a good deal I think? I plan to keep the vehicle for at least 8 years. Current vehicle is a 2000 Acura TL. Cars sure were cheaper back then haha.
I will take the advice here and see what good options there are for some bigger name luxury cars.
I will look to buy. I also drive maybe 5k miles/year, so lease would not be a good deal I think? I plan to keep the vehicle for at least 8 years. Current vehicle is a 2000 Acura TL. Cars sure were cheaper back then haha.
I will take the advice here and see what good options there are for some bigger name luxury cars.
#19
Lexus Champion
Keep in mind that some model Toyotas depreciate at such a SLOW rate, you're better off buying a new one. The 4wd Toyota Tacoma comes to mind. Its like buy a new one for about 25-28k, or buy one 2-3 years old with 30k miles for about 21-24k.
Really though, for what those damn Tacomas go for, you might as well buy a full size Chevy, Ford, or Dodge for the same $$$$$, as even the v8 models get about the same gas mileage now days, and you have a much larger, more capable truck.
Really though, for what those damn Tacomas go for, you might as well buy a full size Chevy, Ford, or Dodge for the same $$$$$, as even the v8 models get about the same gas mileage now days, and you have a much larger, more capable truck.
#20
Lexus Fanatic
There are many reasons people get rid of cars after a year or two, some people just like new stuff and don't mind taking the huge hits. I don't understand taking huge financial hits buying cars every year or so but I do see it happen, when I get something I make sure I like it and won't mind keep it for a long time.
#21
Lexus Champion
Another possible reason not yet suggested is fleet returns. Companies with large fleets, such as rental companies, may not keep them for more than 2 years. Less common now but more common a few years ago were the fleets kept as company cars for salespeople and as executive perks; those cars were turned over and returned to the manufacturer every year or two. That is less common now, as company cars are typically leased.
#22
Lexus Champion
#23
Dysfunctional Veteran
For me it has been not learning my lesson and buying what I wanted the first time around. My needs changed in 2010 so I bought my first truck. But I did not do enough research and ended up having to trade up to meet my needs in august of this year. Same Make, just different engine, model and options. The second one is the one I should have bought in the first place.
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