On Sat, 13 May 2017 11:43:49 -0400, Keyser Soze
wrote:
We got a $16,000 trade in, got $750 rebate back on the multi-year
additional warranty wife bought with the 2016 but didn't buy with the
2017, got $2500 in "incentives" from Toyota and another $1000 for paying
cash and not taking the 0% financing that was offered through the
dealership. That made the value of the trade about $20,000. The 2017 on
sale was $22,800 and change. So, in effect, the use of the 2016 for a
full year (wife doesn't drive that much except to Florida and back twice
a year), was under $3,000. Almost nothing considering she got a brand
new car she likes.
===
Somewhere in those calculations you are forgetting about the sales
taxes that you paid on both the old and new car, and you gave up an
extended warranty that you paid for but never used. You also paid
$3000 for a year of very light usage. That's no bargain in my
opinion.
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