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re: thoughts on down payment for new car
Posted on 12/4/12 at 5:49 pm to dallastiger55
Posted on 12/4/12 at 5:49 pm to dallastiger55
Pay down. Financing a vehicle, while for many is a necessity, is still a bad investment. Pay down to reduce interest expense, and work toward the ability to complete a cash purchase in the future.
2
Posted on 12/4/12 at 5:53 pm to OTIS2
my perfect world would be a slightly used 1-2 year old car with under 30k miles
i dont want to buy new, problem is that the two cars we want- Acadia and Pathfinder both have new body styles for 2013 and i dont want it outdated already
i dont want to buy new, problem is that the two cars we want- Acadia and Pathfinder both have new body styles for 2013 and i dont want it outdated already
Posted on 12/4/12 at 9:25 pm to OTIS2
quote:
Pay down. Financing a vehicle, while for many is a necessity, is still a bad investment. Pay down to reduce interest expense, and work toward the ability to complete a cash purchase in the future.
Buying a car isn't an " investment"
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