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I used to buy all my cars new. I would never be caught in a used car. Over the last 30 years, we have had over 50 new cars. As I have become older and can now actually afford new cars, I won't buy one.
The metrics have changed. New cars have awful depreciation now (not to mention new models now suck, but separate story). They used to make sense when leases were more favorable. So there are people like me who don't buy 100K cars new because we are smart, not because we can't afford them.
BTW, I am an enthusiast and prefer manual transmission. I'm not in the market for the 7 series, but if I was, it would be foolish to buy new. A lot of 7 series are not driven hard (unlike an "enthusiast" car). So basically, you could find one in pristine condition 3-4 years later at a discount of 60%!
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