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732 Posts
You cannot save money by buying a new car.
But can I spend less per month? Maybe? I know the answer already but monthly output matters right now.You cannot save money by buying a new car.
You always seem to give great advice.
:cheers:By the way I hope you guys are doing well in your new digs in TN. You have the cutest kid in the world. I know you will be the perfect dad.
Do it.It would be trading a 2015 Outback for possibly a new Forrester premium.
That sounds like a great deal!.
A 2007 Ford E350 diesel cargo van with 48K miles bought at auction in 2020 for $7.5K.
So paying a big chunk of cash up front for a car means you have more in savings? LolAnd in the mean time you will have savings so you can deal with a financial emergency
I don't know much you would be saving per month but if things are tight sell the subaru and get a used camry or corolla. Even if you are upside down paying off the difference is better than 25-35k for a new car. Roll THAT monthly savings into your account and save or invest. My thoughts anyway.But can I spend less per month? Maybe? I know the answer already but monthly output matters right now.
I’ll look into it. I’m not afraid of a longer loan though.What about financing it for four years ?
It’s not a trap. If I want it I’ll buy it. Just like anything else. I just haven’t decided yet if I can deal with a 4cyl. I don’t drive fast or anything so I can probably enjoy the better mileage. I would definitely enjoy a smaller monthly payment.I don't know much you would be saving per month but if things are tight sell the subaru and get a used camry or corolla. Even if you are upside down paying off the difference is better than 25-35k for a new car. Roll THAT monthly savings into your account and save or invest. My thoughts anyway.
Buying cars is a trap! And I've fallen for it! Lol. I always want something newer and faster but it's slippery.
I could have bought a new mustang gt for a lower monthly payment but I went used. Saved 15k on the car.
Are you sure that is not just a sales pitch? Around me, dealerships can't keep anything on the lot, and won't make a deal basically at all.Thanks for the replies. I’m toying with the idea. My dealership is ready to make great deals recently. I think they are hurting for business.
The new deal could save me a lot on interest. They have a really low rate going right now.To me, it is all about Interest paid.
I have a 2012 impreza with the 2.0 flat four. It's fine getting on the highway. However, it's paid off, and that's the best kind of car. Only a sucker would think saving a few bucks a month by taking on years of new payments is a good idea. Buy it if you want, but be honest with yourself!So does anyone have a 4 cyl Subaru and can you talk about getting on the highway?