Curious, how many of you ever buy new cars?

Just wondering since it seems the new car price comparisons come up so often in here, and depreciation is very rarely mentioned.

Everything in the fleet except for the 1LE were bought new. There was also a 98 Jimmy bought new that was replaced by the Envoy. That said, I'm holding out for a 5th gen 'vert for my next new vehicle.

Just bought my first brand new car this year, with the exception of a classic here and there, they will be new cars from now on.

New cars in last few years:2001 mustang GT, 2002 explorer sport trac,2002 isuzu rodeo,2003 mercury mountaineer(wife's),2003 mustang mach 1,2005 mustang GT(2).Thats not counting used cars either.

My last used car was back in 1995... the 95 Corvette (someone traded it in and bought a 96 Grand Sport).

Since then I have bought or leased new:

1997 S-10 ZR2
1999 Camaro Z28
2002 Monte Carlo SS
2004 GTO

(Girlfiriend/fiance/wife cars in the time we've been together)
2000 Blazer LT
2001 Monte Carlo SS
2004 Grand Prix GTP

My 2005 Colorado is the first brand new vehicle I've ever bought. I'll probably be shopping again around summer 2008.

The only used car I have ever bought was my z28. Evretything else was new.

Just wondering since it seems the new car price comparisons come up so often in here, and depreciation is very rarely mentioned.

To be fair, I've mentioned the thorny topic of "depreciation" more than most.:lol:

2004 BMW R1150GS Adventure
2003 Toyota RAV4
2001 Suzuki Hayabusa
2001 Kawasaki KLR650
2000 Volkswagen New Beetle
1995 Chevrolet Camaro Z28
1990 Chevrolet Camaro IROC 5.7 1LE
1988 Ford Mustang GT
1987 Buick Regal Grand National

2006 Corvette 6 speed.......soon :D

2000 Camaro V6 5spd
2002 Trans Am WS.6 6spd
2004 GTO 6spd

If I follow my pattern 2006 will be my next new car purchase. Even the car dealer noticed the pattern and asked if I'd be back in 2006 for a Vette :D .

Chris

My last new vehicle was bought back in October of 2002. I plan to buy a certain car if it is produced soon. If not then a GTO is in my future.

I got a 37 year car I'm about to work on and its new to me, does that count? :p

1st new vehicle I bought was a Ford Ranger back in the mid 80s at the dawn of 5 year financing. I took such a horrendous hit on depriciation and was on the upside for so long on that truck, that I promised I'd never get an all new car again. My 85 special service Mustang was under 2 years old, My 97 Z28 was just a year old, and all my other cars were used. I'm very cheap. :lol:

Last year, the GTO was enough to make me break my promise to myself, and I looked around for one. I got disgusted with the dealers I went to (at least 12) and it put me off. In fact, after one exchange with a dealer I stopped down the street just to look at a new Mach 1 Mustang, and came within a whisker of buying it because the dealer wasn't trying to rape me on the price and actually acted like he might want to actually sell the car.

I nearly took Ford's bait last year when they were offering advance purchases on the 2005 Mustang guranteed at MSRP (instead of any potential dealer markups).

With as much leasing that's going on, and leased vehicles being turned in after 12 months and reposessions (I'll have a dealer's liscense by the end of this month, so I'll be able to go to autions again), it really doesn't make sense to get a brand new car unless it's a personal preference......

..... unless it's a GTO that is. ;) :p

I have never been able to buy a new car and most likely never will, except maybe a base model Kia. :p The newest vehicle I've ever purchased was 3 years old when I got it and now it's 6 years old. The oldest is now 33 years old. :D

I've never bought a new vehicle either.

1991 S10 (1st Vehicle 16)
1991 RS Camaro - College - Wrecked in 3 months; lol - Don't ask... ;)
1992 RS Camaro - College
2000 LT Blazer - I bought this just last year and got it for just over 10k (50k miles, 4x4 Loaded).

And the price I paid for the Blazer is EXACTLY why I will buy /most/ of my vehicles used. I don't care Foreign or Domestic they all take depreciation hits taking it off the lot. Although, if a certain Pony Car GM /could/ be working on comes out in about 2-3 years with a VERT option - I may have to buy my first "new car". ;)

Here's the new vehicles I've had. I'm 33 years old and have had a total of 23 vehicles (6 new) if you include the 2 that were my wife's.

1995 Chevrolet S10 (HO 4.3L V6 w/ 5 speed) - Purchased
1998 Chevrolet S10 (4 cyl w/ 5 speed) - Leased
2000 Ford Contour (V6 w/ 5 speed - Purchased
2002 Chevrolet Camaro Z28 (6 speed) - Purchased
2005 Saab 9-3 Linear (4 cyl turbo w/ auto) - Leased for wife
2005 Saab 9-2X Aero (4 cyl turbo w/ 5 speed) - Purchased for me

I got GMS on all the GM products and A-plan on the Ford so I got pretty good prices on all of them. Most of them were back in the days before they started giving everything away! ;)

I buy new every 2-3 years. It takes me that long to save up the money to pay cash. That explains why I am driving a Matrix, I just can't see paying 50 large for a new car when I can buy investment property that makes me money. :D

1st new vehicle I bought was a Ford Ranger back in the mid 80s at the dawn of 5 year financing. I took such a horrendous hit on depriciation and was on the upside for so long on that truck, that I promised I'd never get an all new car again. My 85 special service Mustang was under 2 years old, My 97 Z28 was just a year old, and all my other cars were used. I'm very cheap. :lol:

Last year, the GTO was enough to make me break my promise to myself, and I looked around for one. I got disgusted with the dealers I went to (at least 12) and it put me off. In fact, after one exchange with a dealer I stopped down the street just to look at a new Mach 1 Mustang, and came within a whisker of buying it because the dealer wasn't trying to rape me on the price and actually acted like he might want to actually sell the car.

I nearly took Ford's bait last year when they were offering advance purchases on the 2005 Mustang guranteed at MSRP (instead of any potential dealer markups).

With as much leasing that's going on, and leased vehicles being turned in after 12 months and reposessions (I'll have a dealer's liscense by the end of this month, so I'll be able to go to autions again), it really doesn't make sense to get a brand new car unless it's a personal preference......

..... unless it's a GTO that is. ;) :p

It makes sense now because there are more amazing first and second year cars and trucks just on the market then any time in recent history. Hard to get these used already.

I buy new every 2-3 years. It takes me that long to save up the money to pay cash. That explains why I am driving a Matrix, I just can't see paying 50 large for a new car when I can buy investment property that makes me money. :D

Thats why you have investments....to make you money so you can afford to have fun.

New cars purchased in the past:

1990 Mitsu Mirage - X wife
1996 Saturn SL2 - Wife
1998 Ford F150 XLT - Wife
2000 Camaro Z28 - Me :D
2001 Chevy Suburban Z71 - Wife

Now that we have a 4 yr.old & a big mortgage, it will be a while before I can but a new car. :cry:

Well, I have to say that I have only bought one new car. My 1998 V6 Camaro. Since then I have bought 3 used cars, 2 Camaro's and 1 Sebring. I was saving up for a possible 5th gen...then I got married.

Cars last a lot longer than a lot of people think, and I haven't seen the use in paying the extra bucks for the new car smell yet. You just have to be VERY careful in looking for the one that's been taken care of.

The only new car I have ever bought was one that I had to build for myself....


A Caterham Seven

Well, I have to say that I have only bought one new car. My 1998 V6 Camaro. Since then I have bought 3 used cars, 2 Camaro's and 1 Sebring. I was saving up for a possible 5th gen...then I got married.

Cars last a lot longer than a lot of people think, and I haven't seen the use in paying the extra bucks for the new car smell yet. You just have to be VERY careful in looking for the one that's been taken care of.

Very wise desicions. Car's are probably the worst "New" investment that you can buy. I look for one 3-4 years old with realitively low mileage. You can almost score a used car for 50-60% of it's original value at that time. I'll save myself 10-15k and buy a $3.00 Glade Clip-On Vehicle thingy that I'd probably put on a new vehicle as well. (Hate new car smell, lol).

Well, I'm only 25 and I've bought one car new...an '02 Grand Am GT. With all my dealer discounts and GM card points, this $22,425 car cost me $15,495. 17 months later, I traded it in and got my GP.

So while I've owned:

'87 Skyhawk winter beater
'89 Camaro RS
'89 Formula
'95 Grand Am
'97 Z28
'02 Grand Am GT
'01 Grand Prix GT

Only one has been new. My next car will be new as well, however. I have 2 plans in mind. One is to either purchase a new '06-'07 MC SS or a G6 GTP coupe...depends on what they drive like. Or, keep the GP as a daily driver and buy either a 5th gen when they come out, or a 3rd gen. My GP has a long way to go yet before it needs to go bye bye...so we'll see. That V8 MC is looking better every day though...

In general, my long term goal is probably for my fiance to purchase a new car, finance it for 4 years, pay it off and then I'll run it for 4 years and she gets a new car. By the time 8 years have gone by, it'll be ready to be replaced and I'll get her leftover. That way, we have one car payment and she gets the new car and is happy. Thankfully, we have the same taste in cars :D In reality, she may get a G6 GTP and I'll run the GP in the ground...time will tell.

Bought a 2004 Avalanche last year.

We did shop around for used ones, but there wasn't a good selection to chose from.. and the used ones were relatively expensive too! and some of them did not live pampered lives.

Hope to get about 10 years/125k miles worry free miles out of it at least.


Hearing about the GMT-900's and what they could be like, (better interiors, 6 speed auto's more powerful engines), it sounds tempting to a trade in 2007/8.. But I think I rather save the $.. and/or get a car instead.. or maybe mod the Camaro..

or perhaps a used C5... although they also seem to still hold their values well too. Almost to the point that it might just be worth spending extra $ and get a new one..

Same with a M3.. even the older mid 90's one (which are my favorite in looks).. The resale value make me feel that I might as well save some more money and get a new one. especially when you factor in time and money to freshen everything back up to new.

closest i've been was an 03 F-150 Super-crew with 3k miles back in 2003. Not really new, but new enough for me.

Other cars i've owned have been atleast 3 years old when i bought them. Currently, my budget (college student) serves as the biggest limiting factor and used purchases just make sense for me at this time.

Even when i'm done with school, i still may or may not go the new route. It always hard to justify it when a slightly/gently used model with under 3-5k miles can be had for so much less than new. I try to be frugal and so this is the better route for me on most general purchases. But on a performance/sports-car purchase, i'd take the new car route. I don't like the idea of buying something that has been previously abused/flogged, and that's the type of life most performance cars live.

Like Klee, i pay in cash. I hate loans and owing money. If i don't have the $$$, then i simply can't afford it. This will also apply to my future home purchases :eek:.

I never buy new cars becasue I cannot afford a new car. They are wayyyy too expensive. I buy cars 8-10 yrs old and have around 100000 miles when I buy them. My 94 Bonneville had 111000 miles (Feb 03 when I bought it for $2000) and still runs like at top with 160000 miles. I've had to put in a fuel pump, water pump, left rear strut, master cylinder, and right rear brake line. I am in the market for a newer car. I'd like an Olds Aurora (97-99) and no more than $4500.

Well I'm only 21, in school and I only make about 10k a year with my internship. So no new car for me yet.

Ive bought 3 out of the 14 cars ive owned new, and no, will most likely never buy new again. Not worth it imo. ( for my case at least)

Im still young, juuuust bought my first house, and cant justify doing that yet. Maybe in 3 years or less. If I do, it will be a Camaro hopefully or something like that. Anything else and I will buy used.

They're soo much cheaper used and newer GM cars and trucks are usually real dependable so its just hard to convince myself into paying $600 a month for something that I could buy for half that, ya know?

Maybe if I didnt rack up soo many miles on my vehicles it would be different.