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> Is Buying New Cars Worth It?, Scotty Kilmer doesn't think so
post Feb 22 2019, 03:18 PM
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November 2003

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From: Blueberry Hill
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Who is Scotty Kilmer? He's a mechanic who does a lot of YouTube vids. Here's the one that made me think of starting this thread:


Kilmer points out that new cars have lots of microprocessors in them, 50 to 100 or thereabouts, and that makes troubleshooting a lot harder for even trained mechanics. Those microprocessors are supposed to be responsible for better gas mileage and more power. They are all tied together via a wiring bus, just like PCs, Macs, servers, mainframes -- virtually every smart device in existence.

But traveling involves getting dirty and wet, and microprocessors don't like that. The wires are microscopic on the chips and skinny low-voltage/low-amperage things otherwise.

Kilmer also thinks buying used Toyotas is the way to go and used Hondas if the Toys aren't available. He argues that a new car depreciates too quickly, which is an old principle I knew way back in the 1960s. I also knew that if you get the right deal, a new car is worth it because you know exactly what it's been through over the years. No surprises, such as the vehicle having been underwater in a flood.

Which of the following options are the best way to go, and why?

- Buy new

- Buy used

- Public transportation/cabs/uber et al

- Bring back the horse and buggy

- Walking
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post Today, 01:44 PM
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No More Mr. Nice Guy!

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From: Dallas, TX
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Haven't bought a new car in quite a while....both of my vehicles are used, and paid for!

That does make them cheaper, but also missing out on the various new features that the new cars have. Some of those are safety features which can lead to cheaper insurance, helping offset the cost of the new car.

It can be easier to get financing for new cars, and the payment on a used car could be about the same as the lease on a new car. The difference of course being the payments end, the lease needs to roll over into other payments later.
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