Thoughts on newer vehicles mentality..

Well, i have had 3 new cars, a 98 ZX2, stupidly traded it for a 2002 PT when i only had $6000 left to pay on it, and a 1999 Ford EB Explorer. The PT got totaled in a accident.

The Explorer finally got paid for a yr or so ago. I will never buy a new car again, after working for the Cobalt Group, who manages dealerships sites and helps with inventory issues/pricing etc. and working at a car dealership, I will never buy a new car again.

I worked for a Mazda/VW/Subaru dealership in the mid 90's, and saw actual factory to dealer invoices, the amount the dealer actually pays the OEM for the car. A 94 Mazda RX7 is a $35,000 to $40,000 car to buy, for the dealer to actually have that car delivered to the dealership, that car only costs $3500.

I dont get the "gotta have a new car"mentality either, car payments for 4 to 5 yrs? i would rather do maintenance and take care of a older car than deal with new car payments again.