Quote:
Originally Posted by speeder
I agree that you get more used SUV for your $$ in a Ford than a Toyota, but there is no real $10k "savings". Just like when discussing diesels, you are ignoring the very resale that makes the Toyota so much more in the first place. The Explorer would probably cost more to own for three years than the Toyota, if you factor in resale. You would lose less on the Toyota than the Ford. That is the single largest expense in owning most new or late model vehicles, particularly higher-end expensive cars and trucks.
You cannot just leave that calculation out of the equation. It assumes that everyone is going to buy a car and then drive it 'till the wheels fall off. Almost no one does that. People switch vehicles every few years. And for people who actually do keep them forever, the Toyotas usually pencil-out pretty good.  |
Pelicans argued that Apple was worth $700 a share and bought it there figuring it could only go up. It's Apple, of course it's going to go up. Now it's $450. Just because people are willing to pay stupid money for 4Runners right now doesn't mean you should "buy high".
Three years older, 40K more miles, Kelley Blue Book Private Party "Very Good":
2007 Toyota 4Runner Limited V6 4x4 with 66K miles $20,900
2007 Ford Explorer Limited V6 4x4 with 66K miles $17,700
There's a $3,200 delta. But you paid $10,000 more today.
Logic doesn't work, does it? When something is unjustifiably, illogically high in the marketplace it DOES adjust.