Holy crap. If you are serious, and you're genuinely this egocentric, first you need to check yourself. Next you need to recognize you are part of the problem and none of the solution.
Do most people purchase their homes in cash? I know that's an expense on a different scale, there are often benefits to financing a large purchase.When considering one of these promotional rates (0%, 1.9%, 2.9%) - you could often earn more money investing the cash than you would by paying for the car in cash (much easier in years prior - but even in today's market, a return of > 3% is certainly doable). Also, some dealerships are more flexible on the pricing of a vehicle (ie you can get it for less) if you finance through them (even at a great promotional apr) rather than paying cash.And finally, even when you compare the prices straight up - the cost of a new car (in many instances) is only slightly more than a 2-3 year old certified used car - for many people, the new car warranty and the benefit of knowing exactly what the past of the car is (since you own it from day 1 and will be performing all maintenance) is worth the slight premium.
darkshroudFeb 23, 2009
If you need a truck you might as well get the new F-150. It gets far superior gas millage compared to older trucks.
psykivFeb 23, 2009
You know, it's not too hard for a small time dealer to make it look like he's just some guy selling the car and not actually a dealer, right?
dog2525Feb 23, 2009
Buy used, if it breaks fix it! Its not freaking rocket science. Go get a helms manual and your set.
Closed AccountFeb 23, 2009
Holy crap. If you are serious, and you're genuinely this egocentric, first you need to check yourself. Next you need to recognize you are part of the problem and none of the solution.
mdtechFeb 23, 2009
Do most people purchase their homes in cash? I know that's an expense on a different scale, there are often benefits to financing a large purchase.When considering one of these promotional rates (0%, 1.9%, 2.9%) - you could often earn more money investing the cash than you would by paying for the car in cash (much easier in years prior - but even in today's market, a return of > 3% is certainly doable). Also, some dealerships are more flexible on the pricing of a vehicle (ie you can get it for less) if you finance through them (even at a great promotional apr) rather than paying cash.And finally, even when you compare the prices straight up - the cost of a new car (in many instances) is only slightly more than a 2-3 year old certified used car - for many people, the new car warranty and the benefit of knowing exactly what the past of the car is (since you own it from day 1 and will be performing all maintenance) is worth the slight premium.
marx2kJul 23, 2009
YES!! What this guy just said!
marx2kJul 23, 2009
Hope gas prices stay down for your uncle's sake.
marx2kJul 23, 2009
It's not any different in the USA.