Why would you buy new and only drive it 2 years before trading? That seems like a massive waste of money even if you have money.
because we drive a lot, not crazy about buying something with 50K miles and then going to 130k...even pre-covid the 1-2 yr old vehicles with low mileage weren't selling at any great savings over buying a new vehicle at +20% off, and sometimes, like now, it was even the same money for used vs new. could make the argument that buying used now only makes sense in rare instances - not talking about an 8yr old something...new vs a couple years old.
also not against driving an extra hour or two to save thousands on a new one. sure we'd all like to help the local dealer out, but not at a cost of $4k.
there has to be a mileage threshold at some point. some people put 10k/yr on their vehicle while others put 50k-60k. we've been at 40k/yr for the past 5-6yrs on the "family vehicle" (yukon or tahoe). 85k+ per year across three vehicles.
kept one tahoe until 225k and another to 120k and ended up with two monthly payments both times (note and repairs). would rather have the monthly payment that brings a peace of mind from a reliability standpoint. through the years we've been able to transfer equity so we don't have the crazy high payments either
just my perspective - flawed as it may be