Quote:
Originally posted by kaisen
Yes, many, many times. Wouldn't do a new car any other way. What questions are you really asking?
|
I was basically looking for any huge 'gotchas'.
I barely drive 5k a year, so mileage is not a problem.
I'm asking because I have had the urge to get into a newer Porsche or Mercedes. The fact is I like to change cars every couple years, and I'm certainly not buying a new Cayman, then trying to sell it in 2 years. It would be a collosal depreciation hit.
Changing cars frequently is financially stupid on every level. I'm trying to figure out a way to take the least depreciation hit. I've looked at the numbers, and you get killed either buying or leasing. But at least with the lease, you just walk away at the end, and don't need to deal with marketing the car, and potentially ending up massively 'upside down'.
I have considered simply freeing up enough cash to buy a car outright. But the thought of handing a $50,000 check to a dealer......yikes.