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SVTPerformance's Chain of Restaurants
Road Side Pub
Manufacturer 84 at 0%
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<blockquote data-quote="LSwat" data-source="post: 16391616" data-attributes="member: 90532"><p>One question I've never really been able to piece together or tie the specifics down to is when new is "actually" worth it. </p><p></p><p>Round numbers....4% interest on a 30k loan for 60 months is about 3k. (Talking used)...so I guess the simple answer is is 5k on a car that costs 5k less than new worth it to you (2k savings) or is that 2k worth the original owner sticker. </p><p></p><p>So you really have to know what you're looking for specifically to know if you're actually getting a good deal. I feel like a lot of people get caught up in the "it's such a good deal hype" for a new car, they may over look used.</p><p></p><p>Interested in hearing peoples thoughts. This thread is a great idea given current events.</p></blockquote><p></p>
[QUOTE="LSwat, post: 16391616, member: 90532"] One question I've never really been able to piece together or tie the specifics down to is when new is "actually" worth it. Round numbers....4% interest on a 30k loan for 60 months is about 3k. (Talking used)...so I guess the simple answer is is 5k on a car that costs 5k less than new worth it to you (2k savings) or is that 2k worth the original owner sticker. So you really have to know what you're looking for specifically to know if you're actually getting a good deal. I feel like a lot of people get caught up in the "it's such a good deal hype" for a new car, they may over look used. Interested in hearing peoples thoughts. This thread is a great idea given current events. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Manufacturer 84 at 0%
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