Thinking about indulging in a new vehicle. My Ford Edge 2009 is now almost 12 years old. There is nothing wrong with it except that it looks old.
Wife also keeps asking me to buy a new car. Says go buy a Porsche or something. I don’t really want to buy a brand new vehicle due to depreciation and how every year now models change and cars are getting destroyed in value much faster.
So, what’s a good vehicle to buy second hand. I am more a CUV/SUV guy but am ok to consider a 2 door coupe or a 4 door sedan if it is reasonably priced. I watch car reviews daily and there is just too much choice to make a decision on brand and model.
Say budget is about 50-60 Gs. I am still not comfortable in spending money because I literally am working towards saving at least a million dirhams cash and equities so I am not caught with my pants down if I lose my job or some crap. (Still at about 70% of that target). However, a new car seems to be a real need .
I would like to stay away from brands that have very poor resale value. Think all American brands not in Ford group, Audi, all Korean brands, Nissan/Infiniti and Chinese brands.
This really narrows it down to Mercedes, BMW, Porsche, Ford, Land Rover etc.
Recos?
Wife also keeps asking me to buy a new car. Says go buy a Porsche or something. I don’t really want to buy a brand new vehicle due to depreciation and how every year now models change and cars are getting destroyed in value much faster.
So, what’s a good vehicle to buy second hand. I am more a CUV/SUV guy but am ok to consider a 2 door coupe or a 4 door sedan if it is reasonably priced. I watch car reviews daily and there is just too much choice to make a decision on brand and model.
Say budget is about 50-60 Gs. I am still not comfortable in spending money because I literally am working towards saving at least a million dirhams cash and equities so I am not caught with my pants down if I lose my job or some crap. (Still at about 70% of that target). However, a new car seems to be a real need .
I would like to stay away from brands that have very poor resale value. Think all American brands not in Ford group, Audi, all Korean brands, Nissan/Infiniti and Chinese brands.
This really narrows it down to Mercedes, BMW, Porsche, Ford, Land Rover etc.
Recos?