|
Most people would rather have those newer half-worn cars, but I'd rather have the refreshed older car. They're paying $12,000 hoping to get another ~150,000 miles with normal maintenance vs me paying $12,000 hoping to get another 350,000-400,000 miles with normal maintenance.
Truthfully I wouldn't put $12,000 into an old car all at once unless it was a restoration or something. For a beater/driver, I just treat it like the Ship of Theseus and replace things along the way even if some rare repairs cost more than the market value of the car (e.g. rebuilt engine).
|