10 used Lemons

[Adeptus_Minor]

Originally Posted by Sean

Cars that depreciate like a brick are great. That means they're killer bargains in the secondhand market.

True, but then you run the risk of looking like the guy who wants to rock the prestige car but can't really afford it, so he buys the old one. If you ask him, he says "Yeah, I drive a Lexus" (but artfully avoids mentioning that it's a 2003 that had 70k on it when he bought it)
There's a certain level of sense to it. I mean, if it's about getting a still-nice car at a bargain, then cool. But I think a lot of people do it just for the image and don't realize it makes the opposite impression of what they intend.
Of course, that could be because I see a lot of people who seem to be doing that in my part of town.