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Originally Posted by BigKutta
Quote:
Originally Posted by chris719
So many people seem to be ok with a car payment forever and they never think about that back-end cost.
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Quote:
Originally Posted by akkando
To be fair if you're going to pay a car payment every month until the day you die then I guess a lower payment is better. I think a lot of people live like that. They have a monthly budget that goes on indefinitely so lowering just reduces their costs since they will literally never not have a car payment. However the taxes in places that don't give you trade in credit would be brutal.
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Sure, but you are getting so hosed in the process.
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How are you getting hosed to go from 800 a month for the rest of your life to 700 a month for the rest of your life? Besides taxes, registration, and possibly insurance.