Hacking the Used Car Purchase « carsabi.
Hack #3: Buy Luxury Later. If you’re broke like us but still really like performance and leather interiors, consider getting a luxury car that’s 5-6 years old. More luxury owners want newer models than older ones leading to a pretty steep depreciation for the first few years; the average new E320 loses about $12k per year no matter the mileage (112 datapoints). Compare this to the depreciation curve for a Camry: the car holds value like people *want* to drive it into the ground. Crazy! (1,523 datapoints).
Age, like all power constructs, (race, gender, class) encourages it’s own ignorance. To not know is a luxury of power. You don’t have to know Their Eyes Were Watching God. But I damn sure better know The Scarlet Letter. (It’s bad enough I’m slipping on Twain.) Age turns ignorance into a luxury, and worse, if you don’t recognize it as a luxury you start to think everyone is as clueless as you. And of course you’re clueless that any of this is even going on. It’s just a bad look all around.
Right on Cue – Ta-Nehisi Coates – The Atlantic