- Feb 6, 2003
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Especially new American cars, which depreciate very rapidly. Right now 99 GTs can be had for less than $10k. And for the price of an 05 GT you could get a well maintained late model Boxster, XK8, Vette, 540i, etc. Is it the ease of financing a new car, the lure or that "new car smell" or having the "latest and greatest" or the warranty or picking your exact color or what? Don't get me wrong, I enjoy seeing what comes out each year, and I'm glad people buy new cars, but I don't really get it.