new or used car
Out of context: Reply #17
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- woodyBatts0
I hope I don't come off like an ass here, but seriously a car is not an investment. A car is a utility item like a coat, it serves a purpose it's not intended to make you any money.
You can get a good deal on a new car, you can get a good deal on a used. you can get bad deals on both
With all due repect to CyBrainX repair costs will far out weigh depreciation b/c repairs are constant, anyone who has owned a car that needs repairs knows that once you get a major repair, more continually follow, along with losing time, being late and all the other inconveniences it costs you far more to continually repair a vehicle, especially when you are currently making loian payments.
Leasing was never intended for a purchase and therefore is most expensive, but leasing is awesome especially if you want to not deal with depreciation and repairs. It's amazing what you can get if you lease, however you better not go over that mileage, it's cheaper to just turn it in and buy out the lease.