It rubs you the wrong way because “don’t ever buy a new car” is crap advice.

The old rule of thumb that the car depreciates 10–20% the second you drive off the lot is an anachronism. It’s a throw back to the old 1970’s lemon days of the Big Three automaker oligarchy and the market power that gave us planned obsolescence.

My 2010 Honda Fit went up in value after the first year.

And I’ve written elsewhere about how I badly misunderstood the depreciation curve of Tesla’s all-electric vehicles.

Suze Orman is an old-media celebrity serving up self-righteous simplifications to simpletons whom she thinks are in the fat part of an ignorant bell curve.

That’s not helping anyone any more.