Originally posted by: Gyrene
Originally posted by: N8Magic
Originally posted by: Gyrene
Did you pay cash? If not, it was a bad decision.
I probably won't be able to convince you of that, however.
Nope, I did not pay cash although I am open to hearing your thoughts.
What exactly makes it such a bad decision?
Financing something that depreciates in value? Assuming 5.9% for 60 months and a $2600USD downpayment, you're going to be paying $3600USD more than what you settled on. With cash, near-invoice would have been the final price. I've always been taught to buy only what you can afford. If you can't afford it, save up for it, don't become tied down to payments.
Regardless, you have a sweet ass car.