Do not buy a new car. What the fuck is wrong with you?! Talk some sense into your man. A new car loses 20% of its value on day 1. That means you can buy a used car that someone bought and decided they didn't want for a lot less money. Even shit fuck CarMax will give you a perfectly fine warantty that you can redeam at most mechanics. You call the warranty people and they just pay the mechanic for you. No big deal. Don't be a pussy.
Buying a new car means you going into debt. Buying a new car means you owe cock sucking (((bank of america))) money for 5 years. Fuck that. You don't need a new car. Buy a Ford f150.
Remember that cash for clunkers shit back in the late 2000's? The government literally paid above market value for perfectly good used cars, in order to crush them. Used car prices went way up, and buying new made financial sense.
That was so they could get the GPS tracked vehicles on the road and begin their mass data collection on the miles people travel. I know car insurance companies are already testing out billing you for miles traveled, and the federal or state governments want to do the same.
It was all to get people driving cars with computers in them. And get them in debt. Over half the cars bought through that program got repossessed.
The used car market is pretty crazy right now too.
That was all true a year ago, but there is a crazy run on new and used vehicles. My friend "bought" a new car off the lot (against my wishes, of course) and sold it back to the dealership for a net of $2500 a few months later.
5 year car loans? Did I fall into a wormhole and end up in 2010? Most common car loan is 7 years.
If you have to get a loan for a car you’re doing it wrong.
I completely disagree, with low interest loans and mass inflation it is stupid to pay cash. Get the lowest rate you can on the longest debt and watch the principal devalue over time. 1.99 arp is not uncommon, we’ve had officially 4% inflation last year but actually significantly higher.
I agree, but shit happens in threes.
The interest on most car loans is negligible and that cash used to buy the car could earn more elsewhere.
You need to work hard to save money and buy things outright instead of using the banks money. The truth is we spend our hard earned money more wisely than we spend the banks money. The wise decision is buying a pre owned vehicle in pristine condition with a handful of miles on it with an extended warranty.... Assuming you're a faggot that wants to show off a flashy new car. Real men are proud to drive Ford f150 from the 70s-90s.
You don't have to work hard, it takes discipline. The banks rely on convincing people they don't need to have discipline when it comes to spending money. Most people don't realize that the borrower is slave to the lender.
I think Fords suck, and I'll never be caught driving one if I have a choice in the matter.
A new car loses 20%
OMG i have to make few extra payments. shut your mouth tard.
if your new car is over 30k 20% (or even under) isnt going to fucking phase you. I fucking hate people like you
Buying a new car means you going into debt.
OMG you buying a used car you'll be in debt too. you can GASP not be in debt with a new car tooo!!!
*three retards who cant handle reality
You write like a faggot
maybe to a fucking retard
If you can't save up and buy upfront then yes you have acquired debt to a parasitic bank. If you save up the money to buy a car in full it makes more sense to buy a 1 year old car with 5k miles on it for 20% less than the new nearly identical car. When you save up money with hard work you're not gonna want to spend your money on something that immediately loses its value when you could buy the nearly new pristine condition pre owned car and invest that 20% savings into a low risk ETF or into a company matched 401k for example. Theres just no excuse for buying a new car.
1 year old car with 5k miles on it for 20% less
Lol no. First that's a bit of a unicorn because the first owner was being completely irrational or misjudged something to only put 5k miles/yr on a brand new car. It will be priced accordingly. Second, 20% off a year-old car isn't a thing in this market. That was last year. To your point you can usually find one with a smoked-in trashed interior that never had an oil change in 12k miles for 20% off new, if that's your thing.
Theres just no excuse for buying a new car.
thats just, like, your opinion man
OMG you buying a used car you'll be in debt too.
If you can't manage to save even just a few grand, and have to get a loan for a USED car, you're probably a nigger.
Stop buying so much weed and booze, and someday you might be able to drop a few grand without batting an eye too!
fuck off commie, only commies tell people how to spend their money.
and you are a moron, you want to buy a p.o.s. vehile that will last you a maybe 3 years before you have to anything major... maybe you are just pissing away your money
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