droo wrote:
>>
>
> I think his point was that buying a new car every five years and
> constantly having a car payment is no way to increase your wealth. I
> payed 20k out of pocket for my truck when I bought it brand new. If I
> did that every 5 years for 20 years, that's 80,000 dollars. That's a
> nice chunk of change. He just offered a different scenerio of buying
> that would get you a decent car, not just save you alot of money, but
> get a better yield from your savings.
>
Oh yeah - I got the drift... "your money can be spent better than if you
keep buying cars" - is not a news flash LOL I've never bought a brand
new car or truck and I would not consider doing it at all - with the
exception of the Challenger... and even then 'm more inclined to wait a
year or so till they get the "I gotta be the first on my block to own
one" customers satisfied and the sticker prices come back down to
earth... plus first runs usually have some bugs to work out, so I don't
like the idea of buying a brand new car for that reason.
I'll pick up one thats slightly used and has already taken the
depreciation hit.
-- ------------------------------------------------------------ Get a freaking rose tattoo and deal with it... ------------------------------------------------------------ three busted-ass daks, a gas hog, and a rollerskate http://members.aol.com/silvereightynine/ AIM & Yahoo: SilverEightynine ------------------------------------------------------------
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