re: Calling Car Salesmen...

quote:

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Gonna pay interest on $46, 175 for something that is now
Worth $33, 000 and going down in value daily. Good deal? I'd say no

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Cost and worth are very different things. Sure, the thing cost 46K, but kbb and edmunds say that the average "low" price is 48K, and even that is below market. I wanted to make sure that my "cost" was fair on the Armada.

Additionally, I wanted to make sure that I got a good "cost" on the Pilot. Overall, I think I did exceptionally well on the Armada price, slightly poor on the Pilot price, and very well on the overall deal. Financing was independent of dealer. The only thing I would change is that I would have shopped the trade to other dealers to get a better cost, once they had agreed to the sale price of the Armada, but I'm currently in Afghanistan and didn't want to put my wife through all that hassle.

The "worth" of a new car is high to me. I enjoy the new shiny look, feel and smell. I have a solid Federal job with solid pay, and can afford it. So, who cares if I spend big bucks on a rapidly depreciating asset? I don't. I have zero credit card debt, solid savings and retirement, and a healthy portfolio. Some people choose to be thrifty savers, I like to splurge here and there.