Buying New Car

lumberjim · 02-21-2010, 07:57 AM

Juni,

I have been in the car business for 15 years now. I'm the Finance guy that signs your contracts with you. My advice to you is to keep your car for 8 more years. It will last that long, and still be worth a little. It suits your needs, and has a very good reliability rating for maintenance cost. You'd be better served 'treating' yourself to an expense that is much shorter term... like a nice vacation or a boob job.

Trading a car after 2.5 years is a bad idea. The cost of buying a car is a curve. During the first 3 years, you're getting ass raped by depreciation. During the next 4, you're recovering from it and pulling ahead of the expense/investment thing. keep it for 10, and you're in the black even if it's a hyundai or mitsu.
- so that's the realistic argument

but this IS america.... so ....

what car blows your skirt up?

02-21-2010, 07:57 AM	#4
lumberjim I can hear my ears Join Date: Oct 2003 Posts: 25,571	Juni, I have been in the car business for 15 years now. I'm the Finance guy that signs your contracts with you. My advice to you is to keep your car for 8 more years. It will last that long, and still be worth a little. It suits your needs, and has a very good reliability rating for maintenance cost. You'd be better served 'treating' yourself to an expense that is much shorter term... like a nice vacation or a boob job. Trading a car after 2.5 years is a bad idea. The cost of buying a car is a curve. During the first 3 years, you're getting ass raped by depreciation. During the next 4, you're recovering from it and pulling ahead of the expense/investment thing. keep it for 10, and you're in the black even if it's a hyundai or mitsu. - so that's the realistic argument but this IS america.... so .... what car blows your skirt up? __________________ This body holding me reminds me of my own mortality Embrace this moment, remember We are eternal, all this pain is an illusion ~MJKeenan

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