Startup Idea: Used Car Leasing

Re:Startup Idea: Used Car Leasing by musgrove on Tuesday November 05, 2013 @07:19PM (#6679590)

I look at that chart and just laugh. Why in the Hell would anyone buy a new car these days!?

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Re:Startup Idea: Used Car Leasing by wcfields on Tuesday November 05, 2013 @07:29PM (#6679653)

Easy:

0% APR + new car warranty + lemon law protection + 0 miles > whatever APR you get on a used car + 30 day at best warranty + 40k-60k miles

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Re:Startup Idea: Used Car Leasing by ghaff on Tuesday November 05, 2013 @07:51PM (#6679745)

+ (for new car) much closer to information symmetry with the seller, especially given lemon law protection and new car warranty although those aren't directly about information symmetry.

I've done both new and used and have had a variety of experiences in both cases. But I probably wouldn't be n a big hurry to buy a used car at this point. I looked around when I bought my last vehicle and the price savings associated with modest mileage used vehicles just weren't especially compelling. (And I wasn't even financing.)

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