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"O"man(are we in trouble)
Join Date: Nov 2005
Location: On the edge
Posts: 16,452
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Let's see, I'll buy a new car, drive it for 12 months and now it's depreciated 40 - 50% and I now owe 40 grand! for a car only worth 20 at tops!
It's better than a lease, what a deal! Just let them repo the car.
You gotta know this is going to happen although just remember all those folks who will take the responsible position and buy a used car for 15 grand and not have the debt.
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