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re: <$50k Midsize Family SUV
Posted on 3/27/21 at 7:35 pm to Kreg Jennings
Posted on 3/27/21 at 7:35 pm to Kreg Jennings
quote:If you're making a payment and plan to keep it, the difference in interest rate can make up for the depreciation.
People who buy brand new cars are suckers. Depreciates 10-20% as soon as you drive it off the lot
3
Posted on 3/27/21 at 7:37 pm to SneakyWaff1es
Explain please
Posted on 3/27/21 at 7:42 pm to SneakyWaff1es
quote:
If you're making a payment and plan to keep it, the difference in interest rate can make up for the depreciation.
I think you are confusing being “upside down” with depreciation
Posted on 3/27/21 at 8:49 pm to SneakyWaff1es
quote:
If you're making a payment and plan to keep it, the difference in interest rate can make up for the depreciation.
Or you could have enough in cash to buy for a safe, used car. ?????
This post was edited on 3/27/21 at 8:50 pm
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