Although this is true, there is a tremendous value in having a car with a full warranty, no issues, and covered service agreement, which for me helps me sleep at night as well as granting me more time for either work or leisure.

I've calculated the time spent dealing with older cars, and it just comes down to how much time are you willing to trade for money.

Also leasing is common for people with businesses and again don't end up spending time listing, emailing with strangers, and showing a car.

Great piece and I agree from a striclty financial aspect a lightly used vehicle is a great financial option although they arent as much promoted in aggressive sales.