Thread: 911T
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Old 08-08-2018, 03:36 PM   #40
rumatt
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Join Date: Oct 2003
Carmudgeonly Ride: E46 330i, Chevy Colorado, Tesla Model 3
Location: NY
Posts: 17,475
Quote:
Originally Posted by John V View Post
With how fast these things depreciate it kind of blows my mind that anybody buys them new.
And sales tax. Which is significant on more expensive cars. It completely ruins the "buy a car and try it out for a while" experience for me.

Say you buy a car for $100k. You bought at a good discount off msrp so you're able to sell it 2 years later for $80k, and you lost $20k. But in NY you also paid $8,800 in tax bumping the cost of ownership up to $29k. That's a 50% increase in cost of ownership. It's ridiculous.
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