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Tham, what if I said to you, "I'll give you $5000 to $10,000 if you buy this 2004 Toyota Tundra with similar options, but it has 10,000 miles on it, but still has a warranty for 26,000 miles more? That is essentially how much you are looking at for depreciation the minute you drive that truck off the lot. We all have the new car lust, but here you are just starting out of college with a 5 year debt. And I can almost guarantee you will not have that truck 5 years from now. You say you don't want to be screwed, but you are screwing yourself. The way things are financed now it just seems like everyone is acting like the money you spend is play money, cause you don't really see it anyway. Believe me a 1 year old vehicle with low miles, cleaned up, looks and acts just like a brand new vehicle. Why give someone else your hard earned, future, money?
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Kurt V
No more Porsches, but a revolving number of motorcycles.
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