Yes, in light of keeping the new vehicle for its entire “life” the depreciation argument falls fairly flat. It is more meant for the “average” person who keeps a car for three years or thereabouts. I cannot imagine investing that much money flippantly. I take the time to research what I want and mean to keep my auto for a long time. That said, I prefer a solid used car over new because it has depreciated to a more fair value. I’ve done both and not been displeased with either choice. Except for one BMW…