
Originally Posted by
jut703
Comparing car A and car B both selling for, say, 1M. But car A will have resale value that is 100k higher than car B.
If you take that into consideration, it's like car A is 1M while car B is 1.1M.
If you still like car B more even if effectively you'll spend more for it, then go. But if you feel that your 100k in 5 years (or whenever you wanna sell it) will be better used for other ventures (investments, education of children, etc), then perhaps it's better to think again.
I don't get why resale price is not important but people care about sticker price.
Is it because sticker price is what you pay now (or in the span of several years if you loan it), vs. resale price which you only realize once you sell it?
Money is money, and even if you factor in depreciation, a huge variance in resale value still results to a huge variance in your net cash flow relating to the vehicle purchase.
I would understand it more if someone who doesn't care about resale value also doesn't care about sticker price, but most people here are so particular about the latter.