Late 80's - mid 90's model benz. Classic and known to be reliable but its old and has none of the mod cons which are standard these days and shit is just going to keep going wrong with it until it can no longer be fixed for less than the cost of a better second hand car.
Brand new Hyundai i40. Looks fucking weird and is the cheapest shit car brand on the market. Crap compared to its competitors but compared with the old mercedes it has its brand newness on its side, it won't break down any time soon, has all the mod cons like built in sat nav etc. Its just that its a hyundai...
So which one would you have out of these two?
- Old MercedesVote A
- New HyundaiVote B
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Old Mercedes, most likely. No worse investment than a brand new car. You lose thousands the moment you drive it off the lot. Just depends on the condition of the older Mercedes and whether you think the maintenance costs will outweigh the automatic depreciation of the new car. Also, I don't think Hyundais have great resale value either. I guess there are variables involved, but as a general rule, I'll always avoid buying a brand new car, unless I was wildly rich and the depreciation would be a relative drop in the bucket.0