Used Cars Stop Doing What Buyers Complain About: Depreciating

Buying a new car instead of purchasing a used one is almost justified, if one takes a close look at the numbers.

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Piston Slap: The Final Carbon Fiber Nail?

TTAC Commentator gimmeamanual writes:

Hi Sajeev,

The recent article about the carbon fiber subframe by Magna and the comments predicting vehicle life-ending failures got me to thinking — in the last 10 years or so, has any automaker introduced an innovation or major shift from the norm that resulted in repair costs so expensive that the vehicle would be better off scrapped inside what one would consider its prime service life (say, 10yrs/100k)?

It seems we’re often too ready to predict gloom (turbos exploding, unrepairable aluminum trucks) and not give the engineering teams the credit they deserve. Yeah, some technologies do suck in execution, like the Focus DCT, but they don’t result in scrapyards filling up with otherwise pristine examples.

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Subcompact Crossovers Are Depreciating Faster Than Any Other Segment

Remember how Beanie Babies were a national phenomenon in the mid-1990s? The country couldn’t seem to get enough of the little darlings and many ended up going for astronomical prices. But, like most stupid trends, their popularity was short lived. It wasn’t long before the once-collectible toys held the same value as a used pair of underwear.

Subcompact crossovers may be suffering a similar fate. With the CUV craze in full tilt, automakers have been capitalizing by providing budget-minded shoppers with small and affordable variants. However, the group currently faces the heaviest depreciation of any automotive segment.

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Piston Slap: The Looooooong Cult of Panther Love?

TTAC Commentator Nick 2012 writes:

Archangel of the Panther Platform –

A nice looking 2005 LWB Lincoln Town Car with only 107,000mi popped up for sale at a nearby dealer with a what-I-hope-to-be-optimistic $8,000 asking price. As any follower of the good book of fat Panther Love(tm), I keep my eye out for a good one on the local boards.

I took a new position a while back that has me commuting about 65mi a day – about 90% interstate. Going from my comfortable, competent Accord to the extremely comfortable TC would cost me about $10/week in increased fuel costs if I exclusively used the TC (which I wouldn’t do).

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Depreciation? What's That?
  • ToolGuy When The Grand Tour covered the Manx way back in 2016, my first thought was "That would make an ideal EV candidate." Range is not an issue, lightweight, torquey, quiet and harmonious with nature (to the end user).Could I be a prophet??
  • BetterOne Not sure where you got your info from, Corey, but in North America the 2020 Cadenza continued on with the direct-injected 3.3L Lambda II V6. Apart from a larger infotainment screen, the 2020 was notably decontented from the prior model, too - no HUD or power rear sunshade, for example.
  • Inside Looking Out It looks rather like Mini than VW. It would be nice to have solar panels on the roof, or make it delta wing.
  • Justin Palmer I know where a 97 1.8l Suzuki Sidekick sport is for sale southwest Virginia location still running needs a little transmission work
  • Ajla Does anyone ever actually pay these ridiculous 2x or more markups? You can't get a car loan for that much over MSRP so you'll need someone with a lot of cash burning their pockets. My guess is that they'll give you a "deal" and mark it down to only $5k over MSRP when buying. Or is there some other angle?