Quote:
Originally Posted by My_Name_is_Dan
It has always been my rule that one shouldn't pay no more than NADA pricing on any vehicle...
I fully understand cars are a depreciating asset, so I'm well aware the longer you own it, the less it is worth. I get that. But, I'm having a hard time wrapping my head around the initial cost - where it is higher than book.
So, can someone explain Boxster pricing to me? Would you pay more than book value, and if so, why?
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To answer your question(s), my guess is that you consider the Boxster to be an asset; some may/may not share this opinion. It logically follows that I (personally) don't share this opinion or your "rule" (above). Now, granted, I don't go to
Cheesecake Factory whenever I damn well please, like others may do
... but, I am willing to pay for something I want - even if it is more than some other statistic or model states. I do appreciate having a warranty and specific options, so I buy new or build a car to taste. I don't spend much time worrying about depreciation, because I do not consider it an asset belonging to my portfolio, though it may be. But that's me.