[A4] Prospective A4 Buyer
caliban at sharon.net
Fri Jul 7 15:32:50 EDT 2006
more great points - thanks.
At 4:27 PM +0000 7/7/06, docwyte at comcast.net wrote:
>Mortgage payments aren't stupid, as a house (in general) is an
>appreciating asset. You're making money on that house while you're
>making payments vs losing money on the car while you're still paying
>I agree that it's a personal choice and a very prevalent one. I was
>just making a purely financially based argument against leasing.
>I think buying (especially leasing) a car on payments falls under
>the "want" category vs the "need" category. We don't need to get a
>new car every three years, but we want to. We don't need a $35k+
>Audi, but we want it!
>I've been trying to resolve the need vs want by cherry picking cars
>on my "lust" list that are 15 years old or so. That gets me my
>porsche turbo and Audi turbo quattros for reasonable prices that I
>can easily pay cash for. Cars that have basically depreciated as
>far as they'll go and I can sell for very close to what I'm paying
>for them. Obviously you have to be patient and buy the right car
>that's been maintained well and taken care of and you have to be
>willing to get a little dirty working on it yourself, but you end up
>with some very fun steeds in the stable, for far less cash than a
>new Toyota Corolla costs...
>-------------- Original message --------------
>From: "Nicholas Stock" <nickstock at gmail.com>
>> Doc, you're right car payments are stupid...but so are mortgage
>> payments...they're a means to an end in a capitalist economy. I would
>> have to save for several years to afford my expensive Audi, but in the
>> years it would take I'd have missed out on the chance to enjoy this
>> fabulous car...I also got a VERY low interest rate on the loan, and
>> coupled with the trade in for the old Audi it was affordable (for me).
>> I suppose what I'm trying to say is different people do different
>> things for a variety of reasons. If you buy secondhand that also has
>> it's own set of issues (not getting ripped off, buying a lemon,
>> warranties...etc..etc). Most of the people on this list probably
>> wouldn't be too scared of that as we're reasonably mechanically minded
>> and could spot trouble or ask for advice (thanks guys and gals..). I
>> agree with your points on the lease.
>> more of my 2 cents...
>> Regards to all,
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>A4 at audifans.com
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