05-31-2008, 05:53 PM
1) A former rental car is a bit frightening. I don't think the deal is good enough for me to take that risk.
2) The depreciation on the Honda was only $12k over 4 years (~40%). Seems like the previous owner or the dealer really made the killing. Most cars lose 60% of their value over the same period.
If you are planning on getting another 200k miles out of it, I'd buy a new one.
2) The depreciation on the Honda was only $12k over 4 years (~40%). Seems like the previous owner or the dealer really made the killing. Most cars lose 60% of their value over the same period.
If you are planning on getting another 200k miles out of it, I'd buy a new one.