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frumper | 2 months ago

Trading in your new car at 4 years old sounds like bad math no matter what car you buy.

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km144|2 months ago

Have you seen the prices of pre-owned Honda/Toyota sedans that are less than 5 years old? There are absolutely cars out there where trading in your new car after 3-4 years can make sense depending on the cost of the car, the depreciation curve, and whether you want to always be driving a relatively new car. Of course it's almost always going to be a better value proposition to drive the car for 10 years if you can, but that can still depend on depreciation.

behringer|2 months ago

The math doesn't work when you calculate the same thing based on buying low mileage used cars or leases.

You're throwing large amounts of equity away every 4 years.

Also electric cars get killed on the depreciation curve.