Yeah, but you get a new car... - Saab NG900 & OG9-3 Bulletin Board - Saabnet.com
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Yeah, but you get a new car...
Posted by Richard P. (more from Richard P.) on Tue, 20 Feb 2001 09:49:39
In Reply to: I don't fully understand the logic..., LDH, Mon, 19 Feb 2001 23:31:44
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which is my biggest problem. I wish I could keep a car for 5 or 10 years, but it's just not in me to do that. Never has...probably never will (although my new daughter has changed my priorities). You really only do better in a lease if you drive less than 12k miles per year and you like getting new cars. That way you only pay the costs of depreciation instead of trying to pay the costs of depreciation and paying off a loan. It works great for me because I like new cars and the new cars I like I couldn't afford to buy. I refuse to drop $5K or $10K on a car purchase to get the payment that I want because it basically gets thrown out the window due to depreciation and the only way to make that up is to keep the car forever. Instead, I'll put $1k down on the lease and put the rest in the bank and still have a pretty low payment and a new car under warranty. It works for me because of the way I like to buy cars. I'll let you know if it works in the future with a new baby.
Richard P. '99 9-3SE HOT
Posts in this Thread:
- SAAB USA offers huge rebate and drives the value of our cars down, Steven In Kansas, Sun, 18 Feb 2001 18:23:34
- This is not JUST SAAB DOING THIS, TG, Mon, 19 Feb 2001 14:18:02
- This is why I will never purchase another vehicle ..., gatorcpa, Mon, 19 Feb 2001 11:57:06
- I don't fully understand the logic..., LDH, Mon, 19 Feb 2001 23:31:44
- Re: I don't fully understand the logic..., gatorcpa, Wed, 21 Feb 2001 13:14:05
- Yeah, but you get a new car..., Richard P., Tue, 20 Feb 2001 09:49:39 <-- Viewing This Message
- But..., LDH, Tue, 20 Feb 2001 13:09:29
- Re: This is why I will never purchase another vehicle ..., JohnN, Mon, 19 Feb 2001 21:34:41
- Re: SAAB USA offers huge rebate and drives the value of our cars down, Dean, Mon, 19 Feb 2001 09:47:32
- What are you, crazy?, Richard P., Mon, 19 Feb 2001 08:00:21
- Re: SAAB USA offers huge rebate and drives the value of our cars down, jd, Sun, 18 Feb 2001 18:54:00
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