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Hi everybody
I am planning to buy a Honda Accord LX V6 (in December-04) My question is: 1. Should I buy a 2004 or 2005? 2. They say that you should never buy a new car because of the depreciation. Do you think a 2003 or a 2002 LX V6 for 17000$ and 17K miles is worth it? 3. The 2005 Car MSRP is 23800$ Thanks a million for your inputs. Thanks and Regards |
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One way you can make the decision on your own is to look at Edmunds
for the value of cars a year apart that are approximately as old as you would expect to keep this new car. Look at the difference in value between the used cars, and compare that with the difference between the cars under consideration. The longer you keep the new car, the less difference it makes. On 16 Oct 2004 01:45:57 -0700, "PD" <prashant.dewan@gmail.com> wrote: >Hi everybody > >I am planning to buy a Honda Accord LX V6 (in December-04) > >My question is: > >1. Should I buy a 2004 or 2005? >2. They say that you should never buy a new car because of the >depreciation. Do you think a 2003 or a 2002 LX V6 for 17000$ and 17K >miles is worth it? >3. The 2005 Car MSRP is 23800$ >Thanks a million for your inputs. > >Thanks and Regards |
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"PD" <prashant.dewan@gmail.com> wrote
> 2. They say that you should never buy a new car because of the > depreciation. Do you think a 2003 or a 2002 LX V6 for 17000$ and 17K > miles is worth it? About 2.: Clark Howard, a consumer expert who has a radio show, among other consumer experts says buying a new car is economical as long as one plans to drive it into the ground. Also, there's the advantage that the car owner will know exactly what has been done to the car over it's lifetime. |
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"PD" <prashant.dewan@gmail.com> wrote in news:1097916357.607833.246370
@z14g2000cwz.googlegroups.com: > Hi everybody > > I am planning to buy a Honda Accord LX V6 (in December-04) > > My question is: > > 1. Should I buy a 2004 or 2005? > 2. They say that you should never buy a new car because of the > depreciation. Do you think a 2003 or a 2002 LX V6 for 17000$ and 17K > miles is worth it? > 3. The 2005 Car MSRP is 23800$ > Thanks a million for your inputs. > > Thanks and Regards > Honda resale values don't follow the norm...they're much higher than a Ford, Chevy, etc. |
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"PD" <prashant.dewan@gmail.com> wrote in message news:1097971277.179095.158350@c13g2000cwb.googlegr oups.com... > Thanks for your replies. > > Is V6 likely to hold more value than V4 5-7 years down the line or they > would more or less sell for the same price. > > thanks > V4? is this a new type of engine that I have never heard of or you mean I4 (inline 4)? ahmet |
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My honda will be on the road long after your POC Camero is rusting away
in the scrap heap. It was built in Ohio with a high number of American parts. The Camero uses a lot of Mexican made parts. The insurance companies will also enjoy charging you premium rates. So enjoy your taco while it runs. 98' Camaro wrote: > Whatever you decide to buy, a Camaro can and will burn your little "rice > car." > > LONG LIVE THE CAMARO > > alt.autos.camaro > |
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