Thread: Financing a Car
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Old 02-05-2013, 10:07 PM   #71
bing
My AFC gave me an ABS CEL code of LOL while at WOT!
 
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Quote:
Originally Posted by mr_chin View Post
If you're not good with cars, brand new cars are the way to go, otherwise you'll find yourself getting ripped off like myself many times with used cars.
NO, you are just bad at negotiation (wait, I can't even say this because you didn't even attempt it) and too lazy to do any research. Probably an impulsive buyer too.

Quote:
Aside from my point, car will depreciate, but it's only a matter when you decide to resell it. I buy my car and I'm planning on keeping it until it dies. What's the point in buying a M3 for $70k and thinking about selling it hoping to lose only $10k - $15k? You'll have to sell it in like a year or two after buying it to minimize depreciation.
If you can afford an m3 you probably aren't thinking about depreciation. For example, years ago my friend brought over a e46 m3 bought new with 7k on the odo after 6 years and every 7 series and CLS you see rolling around town loses more in depreciation in a couple years than some people's house down payments.

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Just get something like a civic. If you want sport, frs, accord coupe, and get it in standard.
He already drives a civic and he wants something nice like luxury. With those two choices, I'd rather save the money and keep the civic.

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Yes, I live at home still, and decision you have to make is, buy what you want now or save up and get a property. I decided to go with the car because I needed to make sure I can fully commit to a debt and handle my financial situation before actually getting a place.
Bullshit. Is this how you rationalize bad decisions after the fact?

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Last edited by bing; 02-05-2013 at 10:43 PM.
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