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I am amazed that you had the mechanic inspect the car and it broke down a week later.

Wylie, get your son to check his assumptions on redbook. Below is an example Based on the redbook figures below, the price depreciation between a 2 and 4 year old Saab is 30%. If he pays 40k for a 2 yr old Saab, and sells 2 yrs later, he will lose 30% of 40k = 12k. Further, he will not...