Originally Posted by e30og
Most people buy a car as loaded as they can afford. If you had the dough for navi or leather or other goods, would you hold back? And I dont know about you but i'm not interested in getting rid of this car for well after its paid off, and at that point it will definitely be worth more than nothing.
Lets remember again that in the first place, cars are totally worthless investments. You will NEVER get your investment back, no matter how loaded or stripped it is, no matter what car it is, no exceptions. If your dying for retained value, put down 30-50% of the value and it will never be upside down. The only way a car is a sound investment is if you work your way up...buy a car for 2 grand, drive it for 2 years and invest maybe a grand in repairs while in that 2 year time you save up 2500. Sell it for 500, and now you have 3 grand. Repeat that process for a decade and youll have thousands in your pocket and never make payments
Originally Posted by revhigh
That's why you don't buy loaded econoboxes ...
The big-buck options have virtually zero retained value.
Most people will ALWAYS buy a new lesser equipped model rather than a used loaded model for the same price.
You guys are missing a BIG part of the picture, the intangible value of being comfortable and satisfied in a space most people spend an hour to an hour and a half of their days in. If someone feels that a computer gadget to play around with while sitting at lights will make them enjoy their commute more, then by all means they should pay extra for MFT in their car. So what if it's not worth anything when you get rid of it? How many hours of enjoyment did you get out of it at the end for that money? It's no different than most electronics out there.
Same with houses. Many folks spend money upgrading their houses to their own personal taste to enjoy them more while they live in them and often do not get that money back at selling time. Pools may be the #1 example.