Posted by littlered1 on January 11, 2015 at 08:16:17 from (173.233.188.93):
In Reply to: tradeing cars posted by Icuby on January 11, 2015 at 06:24:25:
Rule 1. You can and should say NO. Rule 2. See Rule 1.
Buy new if you can afford it. 5-year power train warranty. 3 years to get any other bugs out. Lemon law. Maintenance is very affordable on a low mileage car.
.9%-0% interest is the way to go. It is better than paying cash in my opinion, as much as i don't like a car note--hadn't had a car payment since '84. I recently bought a new car and the total interest on a 60-month loan is $350. Unbelievable.
I got to the Finance Office and the contract presented to me had the price for the car wrong. It was the asking price, not the price I had negotiated. After some hemmin' and hawin' between Finance Guy and the Salesman they figured it out. It seemed like a blunder and not a plan. I got my price.
I got a 6-cylinder 4-door that runs on 87, gets 29-31 to the gallon, drives like a 4-cylinder in Drive with ECON turned on, but with ECON off and the transmission slipped into Super runs like a scalded dog.
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