> Today you could pick any vehicle almost blindly and not make a purchasing mistake.
Wrong. Cost of ownership varies wildly across brands, and reliability is still not a given.
Beyond the purchase price, which often sucks people into making poor buying decisions, fuel economy, parts and servicing, complexity, durability, tax, and depreciation all make a huge difference to cost of ownership.
Finance deals are structured to make cars seem affordable, but that's only a part of the TCO.
If you're unwary, it's very easy to overstretch yourself and buy a car that ends up owning you (new or used).
It's way too easy to overspend on a car (almost any new car), that's definately true.
But, I think he meant in terms of car capabilities: features and amenities. They all have decent acceleration, AC, heating, windshield wipers, electric windows, defrosters and hundreds of other features, even on some of the cheapest cars (new cars). car capabilities are far greater than most people will ever use.
Wrong. Cost of ownership varies wildly across brands, and reliability is still not a given.
Beyond the purchase price, which often sucks people into making poor buying decisions, fuel economy, parts and servicing, complexity, durability, tax, and depreciation all make a huge difference to cost of ownership.
Finance deals are structured to make cars seem affordable, but that's only a part of the TCO.
If you're unwary, it's very easy to overstretch yourself and buy a car that ends up owning you (new or used).