Re: Why do people spend so much time and money on cars?
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While this statement is generally true, it is not true of used hybrids. A used hybrid retains it's value fairly well. (Right now :/ )
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I am baffled by why this is the case. Most estimates seem to say that you will need to drive 250k+ miles to see any cost savings from a hybrid (this is taking into consideration tax breaks and incentives). I dont think its worth the risk of seeing if a new technology car will make it this many miles. In any case, the depreciation on all cars is quite significant, even for hybrids.
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