[twobone]

I tend to keep cars for the duration.

I'm looking at buying a new Mini - here in Canada, all in with taxes its going to cost me $30K CDN

If I keep it for 9 years (120,000 miles) it works out to $3300/year...the longer the lower my average cost.

When I compare that to a 3-4 year old Mini (35-40,000 miles), which costs $21K all in with taxes and I only keep it for 6 years because of its higher mileage and age, that works out to $3500/year

For someone like me who keeps his cars for the long haul....why would I buy a used car?

Also I get 3 years of no charge maintenance and the piece of mind of warranty.

Of course there is always the opportunity costs of the extra $10,000 up front, but I think that is offset by the fact I'm not buying someone else's problems