Quote:
Originally Posted by WhyUMad1LE
For the most part, buying and selling a new car in 1 year of ownership is not a good financial strategy..
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Absolutely not. But it's all about buying them right.
I have sold cars in a year several times for various reasons including a few lease cars. The only car I got hurt on was a bmw M5. Everything else I didn't do that bad. Drove a 2004 Z06 for a year and sold it for $1K less than I paid for it.
But I don't pay sticker for new cars either