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How much car do you deserve?... Posted by Mike Lynch [Email] (#81) [Profile/Gallery] (more from Mike Lynch) on Mon, 21 Jan 2008 12:49:43 In Reply to: Re: Buy a Used Saab -- Help me decide!, LesH, Mon, 21 Jan 2008 12:16:22 Members do not see ads below this line. - Help Keep This Site Online - Signup |
I mean is that $15k you wanna' spend, or is it the monthly payment of roughly almost $400 for five years/60 months?
If you buy a 3 year old Saab for $15k that you put little down payment on (how much is a '94 Accord worth/) you have an almost $400 payment for five years.
The same car probably leases for about the same payment for the first 27 months. A little over two years and you're done. After 27 mos of payments on the used one you'll be upside down and facing another 33 months or payments. And leasing a new one solves your color issue, you pick the color and the equipment.
And for the same payment you get a new car, did I mention that? That's why I ask you how much you deserve because one of the hardest things about a lease is believing there's some magic wand that gets you a new car for the payment of a used one, which there is and it's called a short term lease.
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