Here's What It Cost Me to Own an Aston Martin For a Year

AKA: Half of it’s value when you bought it

The numbers were kinda hard to follow, did anybody catch a mention of a blog or something where I could see the numbers better? Also did he mention what kind of warranty he has?

It’s still a good deal compared to buying a new one and selling that after a year. New car depreciation is killer. My previous previous car (a BMW 545i) had been €93,000 new but bought by me at exactly 4 years old for €33,000. I kept it for 5 whole years and sold it for €9,500 and cost me nothing in repairs that whole time. I lost €23.500, which is less than €5,000 per year. On a similar situation right now, my current car was €106,500 new but I bought it at exactly 3 years old with 24,000 miles on it for only €46,500. The original owner lost about 60% of the value in 3 years. I might well also lose 60% over my 3 years of ownership, but it’s 60% of 46k instead of 106k.

New cars are way overrated.

I get confused Doug DeMuro … this is the one you sold to a Jalopnik writer after your left Jalopnik where you were writing about it, and now the new owner is writing about the car again on Jalopnik?

I love you and Jalopnik… but I’m easily confused by things getting meta.

I’m not from the US. You said tax deductible dollars. Can you use a loss from a car sale to an advantage when you pay taxes in the US?

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