Why are used cars so expensive?
by cliffelam
"Late-model used cars are in short supply, jacking up the price. Some cars, like the Mazda CX-9 Touring SUV, are cheaper new than used."
"Late-model used cars are in short supply, jacking up the price. Some cars, like the Mazda CX-9 Touring SUV, are cheaper new than used."
To be fair, we found almost this to be true almost 10 years ago when we bought our Passat. A used model - when we could find one in our admittedly precise spec - cost about 10% less than a new one, and often had 30K miles or more on it. In other words, considering actual depreciation costs, it was more expensive.
