Join Date: Jan 2018
Location: Speeding in SoCal
Adding to my above post, to clarify:
I am not a car dealer or speculator/flipper. I am just a regular guy who loves to change around the cars in my garage fairly regularly.
I have bought several low-mile, well cared-for, exotic and high-end luxo cars over the years. They are a great find, when you locate the best ones, preferably owned by an older guy with no teenage/20s kids in the house.
No multiple owners, or owned by anyone outside of a sunny weather state. That's a great start.
Their depreciation curve has already been hit hard at the top end, by the first buyer.
And, I can argue for that position all day long.
However, the mental picture I often get from a used 1 or 2 year old high-end car is of some guy or gal who had a two year lease, probably a company car, and thereby probably didn't have the extreme pride of ownership and care in driving (frequent detailing, no driving in the rain, no food in car) that many of us here have.
I have bought many brand new exotic and luxo cars. There's nothing like being the first owner of an awesome car. No one has defiled it yet, in any way. Seeing just two or three digits on the odometer as your climb into it is pretty cool.
Bottom line: I probably will continue to buy new AND buy 1 or 2 years old. I never lease a car, so that factor is out. It all comes down to the particular car I'm interested in, and the one sweet example that I happen to find.
Happy hunting to all.
2018 Trackhawk black/black
2017 Ferrari 488GTB
1966 Cobra 427 replica
2014 Grand Cherokee SRT
2008 Porsche 911 Turbo
2006 Corvette ZO6
2005 Dodge Ram SRT-10 Quad Cab
1977 Jeep CJ with 401