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SVTPerformance's Chain of Restaurants
Road Side Pub
New vehicle sales pace...unsustainable?
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<blockquote data-quote="AAG" data-source="post: 15697618" data-attributes="member: 67916"><p>Well yes, I was trying to make it easier for people to understand by not making it so technical. And we all know the moment you drive off in that vehicle, you take a nice hit on depreciation. I'm not risking any of my money, I'll let the my insurance and/or the gap company do that. </p><p></p><p>Even paying cash for a car is dumb because of what I mentioned. It makes more financial sense to get a vehicle with a 0% or as close to 0% financing than dropping 30/40/50k of your hard earned money and covering your rear with gap insurance.</p></blockquote><p></p>
[QUOTE="AAG, post: 15697618, member: 67916"] Well yes, I was trying to make it easier for people to understand by not making it so technical. And we all know the moment you drive off in that vehicle, you take a nice hit on depreciation. I'm not risking any of my money, I'll let the my insurance and/or the gap company do that. Even paying cash for a car is dumb because of what I mentioned. It makes more financial sense to get a vehicle with a 0% or as close to 0% financing than dropping 30/40/50k of your hard earned money and covering your rear with gap insurance. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
New vehicle sales pace...unsustainable?
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