New or Used: THE PRICE IS WRONG!

Bing writes:

I am a financially stable 27 year old engineer living in the Bay Area, where it seems BMWs and Audis are about as pedestrian as Camrys. I’ve been getting the car itch, but I don’t like the idea of getting an entry level luxury car like everyone else.

Almost by accident, I stumbled upon the idea of buying a early 2000s Aston Martin DB7 Vantage Volante, which can be had in the low to mid $40s. Aside from the car being gorgeous and powerful, I get to pretend that I’m not just another boring Silicon Valley yuppie (which, believe me, I am) while not being overly flashy (it’s old enough to have a “classic car” vibe). Financially, I would also like to think it has steadied out in depreciation, and if I sell it a few years from now, I may be able to recoup more of my investment compared to getting a much newer car. Finally, there’s something attractive about the idea of having your dream car while you’re young, rather than waiting until you’re 65. So the question is: is this a stupid idea?

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