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Actually, our son has bought a seven year old car, beautifully kept and SAABs are extremely safe and certainly know how to add bells and whistles. His idea is that he should upgrade in two years to another seven year old SAAB, or upgrade to a five year old model. I still don't see how he can...

It was not something that the mechanic could have picked up. It was just "one of those things".

I agree..... but I have to say his SAAB still looks good, not dated (except I don't take too much notice of cars, but some car shapes DO date quickly). We tried to talk him into buying something less "flash" for around $10K but he had his heart set on the SAAB. It has everything that opens...

Do you trade them before the rego is due? Wouldn't that mean you trade within the first year? I wonder is you could post some real figures to show him what you do and what it costs. Does your $2K or $3K changeover cover depreciation?

He has only bought his first car this year and it is a ten year old SAAB so it is not something he is looking at. It came up when he pondered whether he should trade his car in another year or so. I just tried to make him see that he possibly could service a housing loan OR keep trading up to...

This is not really about finance for a house, but for a vehicle. I am hoping someone knows the answer to this. My son is trying to convince me that if he buys a two year old car (lets say it costs $40K) and trades up every two years (he thinks he can spend another $4K every two years trading up...