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re: Is there a buying process that is more soul crushing than buying a vehicle at a dealership

Posted on 4/26/21 at 1:48 pm to
Posted by Odysseus32
Member since Dec 2009
7427 posts
Posted on 4/26/21 at 1:48 pm to
quote:

If it rolls, floats, or flies, lease it” because of depreciation.


Eh, that seems a bit simplistic.

If you've settled into the fact that you'll always have a car note, I guess that rings true. No liability that way. But if you buy a car that will last well past the length of the loan, it makes way more sense to buy. I'd imagine people driving Toyotas that have over 300k miles have likely saved massive amounts of money even factoring in repairs

I'm not buying a car for the resale value. I'm buying a car because it's a tool that will be useful for (hopefully) decades.
Posted by HubbaBubba
F_uck Joe Biden, TX
Member since Oct 2010
45963 posts
Posted on 4/26/21 at 3:17 pm to
quote:

If it rolls, floats, or flies, lease it” because of depreciation.
quote:

Eh, that seems a bit simplistic.

If you've settled into the fact that you'll always have a car note, I guess that rings true. No liability that way. But if you buy a car that will last well past the length of the loan, it makes way more sense to buy. I'd imagine people driving Toyotas that have over 300k miles have likely saved massive amounts of money even factoring in repairs

I'm not buying a car for the resale value. I'm buying a car because it's a tool that will be useful for (hopefully) decades.
Yeah, buy. Always. I purchased this van in April of 2004 to take road trips and pull my boat. Paid it off in 2009. Free and clear ever since. Still has only 86,000 miles on it, too. We have other cars for daily use. This image is from 2013, nine years after purchasing it. Still looks that good, and have rebuilt the front end, brakes and kept it up on all scheduled maintenance.

Posted by ExcuseMyFrench
Member since Apr 2021
42 posts
Posted on 4/26/21 at 3:21 pm to
quote:

people driving Toyotas that have over 300k miles have likely saved massive amounts of money even factoring in repairs


We're driving toyotas. Repairs aren't a factor.
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