Originally Posted By: Brybo86
Looks nice!
You paid cash right?
Cars are the most expensive thing we buy that goes down in value....
Like 14-18% depreciation per year. Even if you got 0% interest.
90 a day will add up quick.
I definitely thought a lot about the depreciation, but decided that after driving a 95 Nissan Pickup as my DD for the last 5 years, I decided it was time to get something enjoyable for all those miles. The 95 pickup actually was super solid, and enjoyable, but not 435 Horsepower enjoyable. My Job gives me a pretty sizable Car Allowance. I could have paid cash, but decided to put 50% down, and keep the rest in the bank. I will close the loan in a year or less.
I may still split some of the daily driving with the 95 Hardbody.