Jul 19, 2019
8:24:52am
8:24:52am
So you bought a used car (~$18k and put ~$5k down) and got a $280 payment...
That's awesome if you want to keep a car for 5 years.
I bought a new (2019) SUV that will be under full warranty for 36 months I'll own the car (4y/50k mile). It also includes all service (oil changes, standard factory scheduled maintenance intervals). I'm paying ~$350 less than if I purchased the SUV on a 60 mo. loan.
I can just walk away from the car in 3 years... if I bought the car I'd still be upsidedown on the loan in 3 years.
I bought a new (2019) SUV that will be under full warranty for 36 months I'll own the car (4y/50k mile). It also includes all service (oil changes, standard factory scheduled maintenance intervals). I'm paying ~$350 less than if I purchased the SUV on a 60 mo. loan.
I can just walk away from the car in 3 years... if I bought the car I'd still be upsidedown on the loan in 3 years.
- Bio page
- TheLost
- Joined
- Jun 30, 2017
- Last login
- May 1, 2024
- Total posts
- 19,088 (281 FO)
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Time
7/19/19 7:30am
Low payment, new car every 3 years. To some that's worth shelling out a ton of cash for the lack of headache.
7/19/19 7:54am
It's all perspective. I'm paying $280/month for 60 months for a Lexus GX470 with 0-down and at the end of
7/19/19 8:10am
7/19/19 8:21am
You have returned your leases with enough equity to cover the entire lease amount over 60 months? That's incredibly
7/19/19 8:11am
7/19/19 8:26am
7/19/19 9:22am
7/19/19 9:26am