autonerd1 t1_iy425oe wrote on November 28, 2022 at 4:27 PM

Reply to comment by Jollymoose1 in Financing a new car? by Silly_willy__

why?

Jollymoose1 t1_iy44fg1 wrote on November 28, 2022 at 4:42 PM

It’s more expensive to finance and cars depreciate compared to buying a house.

autonerd1 t1_iy47fgd wrote on November 28, 2022 at 5:02 PM

but you will always have a car payment compared to buying. Yes, you are right, cars depreciate. But after you spent $19k over 3 years, that could of been towards the price of the car, but yet, there you are back at square one $19k later. It just doesn’t make sense to me.

Jollymoose1 t1_iy48910 wrote on November 28, 2022 at 5:08 PM

I guess. After a while, you get tired of driving the same car. I had my Nissan Sentra for almost 4 years now and now I want to get an SUV.

autonerd1 t1_iy48w9d wrote on November 28, 2022 at 5:12 PM

I get that. But i would think one would get tired of the car payments, especially since things get more expensive by the year. How much does a lease on an SUV even go for? $500+ a month? Or more?

Jollymoose1 t1_iy49mop wrote on November 28, 2022 at 5:17 PM

Not even sure. I’m paying $250 month for my car now. Have about $10K left for my loan. Life would be easier if I’m married for discounts.

autonerd1 t1_iy4e6nl wrote on November 28, 2022 at 5:47 PM

Depending on your mileage and condition, you could probably get 10k out of your Sentra and if not, more like $13-15k

[deleted] t1_iy4vd67 wrote on November 28, 2022 at 7:41 PM

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