Edmunds.com | Inside Line | Auto Observer Your Account | Help | Directory
You are here:
![[F]](http://a332.g.akamai.net/f/332/936/12h/www.edmunds.com/media/townhall/webxicons/site.gif){kind=small}
Forums
Sedans Maserati Quattroporte Luxury Lounge
21519 messages, Last post on Dec 07, 2009 at 6:26 PM
You are in the Maserati Quattroporte Forum. Your Hosts are pat & karens
|
|
|---|---|
|
Before everyone nods their head that the worst thing in the world is to own a lux car out of warranty, lets catch our breath. The absolute biggest expense in car ownership is depreciation. Owning a Lux car for a year or two out of warranty may not be that big a risk, considering the depreciation you are saving. Or, If you buy it used you begin ahead of the game. Moreover, not only do people who trade every three years pay heavily in depreciation, they forget to consider sales tax. The case saved on depreciation and minimizing sales tax can take the sting out of maintenance bills. Finally, over a vehicle's service lifetime its position in the duty roster changes. As a couple's third car it may see only weekend use. Or it goes to the beach house for 6 months a year. Just a thought.
|
|
|
Replying to: blckislandguy (Jun 30, 2009 4:33 pm) I think you certainly put your finger on the real cost--depreciation--I have decided not to get an extended warranty on either the BMW or Audi...Both have been excelent cars well maintained, and there should be no reason for them to have some major breakdown...I`l see.. I almost got the Bentley Continental, and think it a very attractive car, that four years ago didn`t cost as much as they are asking now...Still very steep depreciation, which makes a person think before they jump again....Over on the Audi d3 board there is a person named Bruce that buys cars for certain people , and I think you may find his service to be reasonable if you do not buy from a dealer...Good Luck with your decision...Tony |
|
|
Replying to: blckislandguy (Jun 30, 2009 4:33 pm) So true, & yet not widely understood or appreciated. This is why non-business leasing has always struck me as financially senseless. You're buying the most expensive portion of a car's life - the early years, when depreciation is most costly - in return for the purported peace of mind of warranty protection. Those big post-warranty repair bills that you're afraid of are a possibility, but depreciation is a certainty. In effect, you're paying $1.25 (or more) today to avoid paying $1.00 tomorrow.
|
|
|
Replying to: jimbres (Jun 30, 2009 7:00 pm) It depends on the car. There's no way I'd buy a brand new S8 or XJR. These cars lose buckets of money in their first two years, and with CPO programs and extended warranties and such you can still enjoy a lightly used example while saving $30K or more, and have the piece of mind that if the Jag's supercharger fails, you're not on the hook $6K for a new one. On the other hand, when we got the X3, BMW was subsidizing the leases so heavily that it was the only option that made sense.
|
|
|
Just a tidbit to keep the fires stoked... Gas Futures Tumble Tsakos Energy Navigation Ltd. Chief Executive Officer Nikolas Tsakos today said 60 million barrels of refined oil products are being stored on ships at sea. “That volume at sea is going to weigh on the market come winter,” said Lipow. Regards, OW
|
|
|
Replying to: dewey (Jun 29, 2009 10:41 am) BTW - Brought the Infiniti in for service and my keyless entry key fob device was low on battery power. I'm not even sure how I check this on the GL450 or LS460L. I now realize what that battery signal on the dash means when I turn on the G. In the past I noticed it but never really looked long or hard enough to see that it was giving you a battery charge level on the keyless entry key fob. If that battery dies on you can you still get in the car? and if you do can you start it with that key fob in the ignition? These are little details I never thought about or read up on, nor were they pointed out by Infiniti, Lexus or MB dealers on car delivery. |
|
|
Replying to: ljflx (Jul 01, 2009 10:57 am) I can answer this! Just yesterday, my wife was locked out of her Lexus after the battery in her key fob died. Fortunately, she was only a mile from home, & the 2nd fob still worked. She took delivery of the car in September, 2006, so the battery lasted for a couple of months shy of 3 years. Her Lexus dealer charged $10 to replace the battery.
|
|
|
|
|
Replying to: jimbres (Jul 01, 2009 12:34 pm) The Infiniti dealer in here in San Diego pointed this fact when I was out test driving M. I am surprised that lexus does not have this feature. I am not a luddite... but sometime too much technology is not good (IMHO) Sanjay
|
|
|
|
|
Replying to: sanjaysdca (Jul 01, 2009 3:25 pm) I find it hard to believe that any maufacturer would rely solely on the remote fob to unlock the car. Neither safe nor smart. |
|
|
Replying to: sanjaysdca (Jul 01, 2009 3:25 pm) Our salesman demonstrated this procedure when we took delivery, but I had forgotten all about it. |
|
You are here:
Forums
Sedans Maserati Quattroporte Luxury Lounge
New? Join Now!
Forum Tools
Search Forums
Browse by Vehicle
Browse by Board
Browse by Topic
Today's Chats
