will never understand why people would buy a new car that depreciates by 30% the very second you drive off the dealership.
When you buy a used car, even one that's less than a year old, you have no way of knowing if there's something wrong with it. So buyers offer lower prices. Then a seller who has a car that they know is good says "I'm not selling it for such a low price, I know it's worth more." So the only people who sell used cars are the ones where something is wrong with them. A kind of race to the bottom.
Which is not always available, nor reliable.
Nobody would underwrite loans for new cars with low down payment and low interest if this had been true. Also we would see the year old cars with low mileage selling with >30% discount, which is also not the case.
The reason I buy new cars is customization: I get exactly the car I want with colors/materials/options I selected.
Transferability of warranties ?
The idea that a warranty can be transferred seems like an urban legend.
