|
The Stick
Join Date: Dec 2007
Location: Someplace Safe?
Posts: 17,328
|
In 1987 I wanted to buy and finance a new Jeep Cherokee. My brother told me it would be cheaper to put what my payment would be in the bank each month then buy a new one when I had saved enough. I looked at the price of the 1982 Jeep Cherokee plus financing and found that If I had started putting the payments in the bank in 1982, at payoff it would still not be enough to purchase a 1987 model. The cost of the current model was more expensive than the cost plus 5 year financing on the older car.
__________________
Richard aka "The Stick"
06 Cayenne S Titanium Edition
Last edited by RKDinOKC; 07-20-2015 at 09:11 AM..
|