My wife got in a fender bender the other day. She rear ended a nice Jaguar with our little Saturn Vue. The Jag apparently took the worst of it, estimate came in at $3000+ to fix the European luxury car. The Saturn passed the 10ft test meaning from ten feet away it looked fine. After further review and a little night time driving I determined the Saturn did need some work or at least a headlight adjustment. So I disassembled a few loose things and found that one head light bracket was broken and one plastic tab on the driver side turn signal was broken as well. Besides that the grill was loose and needed to be snapped in and a new license plate and bracket were needed. All told the Vue's bill came to just over $100, not bad for a basic little vehicle going up against a British land yacht.
buying expensive cars is the worst investment ever. I mean, you're gonna loose money the moment you turn the key. All they do is depreciate. One's much better off buying a nice affordable and reliable car.
@ post above me : Its not an investment, its buying something you enjoy to use. No luxury cars that are driven on a regular basis can be seen as an investment :/
Not true. We bought a Porshe (used) some years back and all it has done is gone up in value. (The used part is key, however.)
There are a few cars that are actually investments as in an appreciated asset. I don't know if it is still true but I always heard it said that a Corvette was one car that appreciated. I found it kinda funny when I bought a house years ago and noticed it had a deadbolt lock on the garage but nothing that secure on the doors to the house. What was there to protect in the house? Just a wife and a couple of kids. What was in the garage? A vintage Porshe.