Gen 3 Latest report ..

macka said:
my 27yro niece drives a 1997 toyota corolla in Sydney she owns 2m worth of property she has a scheduled service so there's no need to buy new, our work fleet is regularly selling off its company staff cars after 3years at less than half price they offer the cars to the staff first, the devalue in new cars is a joke
Click to expand...
Somebody has to own them new I guess....
 
zrxmax374 said:
Financial definition of a motor vehicle...
1. Non producing asset.
2. Depreciates.
3. Cost money to run.

# 2 can be substantially reduced by purchasing low to moderate milage vehicles. 2 to 4 years old... 10,000 to 50,000 miles. Do the math on depreciation of the 6 cars you owned that went cradle to grave. I just finished driving a 1991 ZR-1 Corvette after 17 years and it will still run for a considerable period of time and miles for the new owner... Bought in 03 with 50,000 miles and sold in 2021 with approx 185,000 miles. From $25K to $10k. Less that a $1000 a year in depreciation... plus... I had a blast driving it... never left me stranded unless it was something I did to it. Compare that to most domestic performance cars you could have bought in the last 20 years.

Brand new is good if you want a factory warranty... even then... lemon laws were created for the occasional faulty vehicle produced today.
Click to expand...
New car is the worst investment ever, but some of us just like an untouched virgin.
 
jellyrug said:
New car is the worst investment ever, but some of us just like an untouched virgin.
Click to expand...
Yep, some of us like to own something from new and know exactly what was done to the vehicle...

I know people who will only buy lease returns as those vehicles have to be maintained.

I personally, will only buy new from now on, I like the new car smell and knowledge that I have maintained something from new.
 
BusaDawg1 said:
Well here in the US if you have a new truck they are asking crazy prices new dodge trx 150k lol they offered 6k over what a paid for my truck and bought last year now but selling out right will make over 10k and I have to find a used lightning to ride around in until my new one comes out next year.
Click to expand...
I have a 2018 Toyota Tundra I bought brand new. A deer hit it in the side of the box and the roof and hood have hail damage. I paid about $41 k for it new. I'll sell it for $41k. Otherwise that's my truck for the next ten years.
 
Bumblebee said:
Somebody has to own them new I guess....
Click to expand...
I bought an 85 Corolla with 90k miles on it and it lasted me to 150k. Bought a new 2001 Corolla for $15,000 and it went to 164k. They're not comfortable but they are cheap and they do last a heck of a long time before they need anything more complicated than an oil change. Other than that, it's tires and brakes at about 80k miles.
 
Mythos said:
I bought an 85 Corolla with 90k miles on it and it lasted me to 150k. Bought a new 2001 Corolla for $15,000 and it went to 164k. They're not comfortable but they are cheap and they do last a heck of a long time before they need anything more complicated than an oil change. Other than that, it's tires and brakes at about 80k miles.
Click to expand...
The Taliban sure liked them too...as soon as we spotted a white Corolla, we locked our sights on it...
 
Mythos said:
I have a 2018 Toyota Tundra I bought brand new. A deer hit it in the side of the box and the roof and hood have hail damage. I paid about $41 k for it new. I'll sell it for $41k. Otherwise that's my truck for the next ten years.
Click to expand...
I have an '08 Tundra with 177k miles on it that I am about to sell. Wanted to go with another Tundra, but seems like the electronics or the same as the '08 I have. Hoping to get $12-14k for trade, don't feel like trying to sell myself but who knows. Looking at either a Ford F150 or Dodge Ram.
 
Bumblebee said:
Yep, some of us like to own something from new and know exactly what was done to the vehicle...

I know people who will only buy lease returns as those vehicles have to be maintained.

I personally, will only buy new from now on, I like the new car smell and knowledge that I have maintained something from new.
Click to expand...
What do you know about the new car smell? From what I have heard it is the curing process of adhesives and other freshly produced products that are not known to promote good health. Just a rumor... never investigated the subject personally...

As far as wear and tear on a used vehicle... its a trade off. The drivetrain has been tested... and that is a plus in my opinion. I prefer finding machines that are already modded tastefully so I can get the mods already done and only costing 10 to 20% of what it would cost me if I bought those mods myself.
 
zrxmax374 said:
What do you know about the new car smell? From what I have heard it is the curing process of adhesives and other freshly produced products that are not known to promote good health. Just a rumor... never investigated the subject personally...

As far as wear and tear on a used vehicle... its a trade off. The drivetrain has been tested... and that is a plus in my opinion. I prefer finding machines that are already modded tastefully so I can get the mods already done and only costing 10 to 20% of what it would cost me if I bought those mods myself.
Click to expand...
Never looked that deeply into it, just like the smell..

Some times one can get lucky on a used vehicle whereas others get someone else's problems..

I've bought used and got a couple good ones and I bought new and got a lemon...at least I knew the lemon wasn't from something done to it but was from the factory...

That all being said, I will be that one who will be buying a new vehicle and a good one to buy that vehicle from as I am OCD on maintenance and upkeep...
 
Mythos said:
I bought an 85 Corolla with 90k miles on it and it lasted me to 150k. Bought a new 2001 Corolla for $15,000 and it went to 164k. They're not comfortable but they are cheap and they do last a heck of a long time before they need anything more complicated than an oil change. Other than that, it's tires and brakes at about 80k miles.
Click to expand...
Hi. WOW That is low millage. My Civic has 462K on it. I am taking it to DME in NC this summer and to NY to be fitted for my race suit the to Powerhouse and to Robinsons trans. I will also take it to Loring for the LSR race this year.
 
michael parris heuberger said:
Hi. WOW That is low millage. My Civic has 462K on it. I am taking it to DME in NC this summer and to NY to be fitted for my race suit the to Powerhouse and to Robinsons trans. I will also take it to Loring for the LSR race this year.
Click to expand...
Hi Michael. I could have kept any of them to at least 200 thousand miles, I'm sure. The engine was still running well in each that I owned. With the cost of having professionals replace or repair a few vital components, I felt the money would be better spent on a new vehicle at around 150,000 miles. The '85 had body/frame damage from not replacing the suspension, the starter worked intermittently, the brakes were shot and the throttle was sticking. I never did a speck of maintenance on that car except change oil, exhaust and possibly tires. A brand new one cost me $11,000 at the time. I ran that one 17 years and never replaced a thing except tires, brakes and suspension.
 
You must log in or register to reply here.

Similar threads

scotty - 12
Gen 2 mufflers fit on Gen 3?
Replies
9
Views
2,987
gpio
G
B.Eskedal
Gen 3 Hayabusa
5 6 7
Replies
135
Views
22,994
Kiwi Rider
Kiwi Rider
O
Gen 3 over a gen 2 ?
2 3 4
Replies
68
Views
6,583
Dai.
Dai.
dcnblues
Gen 1 vs. gen 3 swingarm?
Replies
9
Views
1,906
Rojo
Rojo
B
Gen 3 Fairings swap
Replies
4
Views
3,180
Rojo
Rojo
Back
Top