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- South Carolina
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- 12 MZ5 13 CX-5
That's simply something I won't do. I buy a few year old cars for $10-12 thousand in cash, letting some other sucker take that absolute beating for the first couple years of depreciation. Then I drive it until the maintenance simply gets too expensive. My Mazda 3, I bought at 7 years old with 114,000 miles for $5,600. I drove it until last November when it started using oil at 230,000 miles. Then I sold it for $3200. So, my depreciation was only $2,400, not $24,000! You speak of using someone else's money? Well there it is.If you buy a car for 30 grand
My new car is a 2013 CX-5 that had only 82,000 on it, as clean as if it was brand new, and a full service history down to the wiper blade changes. I paid $9,200 for it, and I suspect I'll have it for at least 10 years, if not longer.