@Anonymous wrote:
Great idea Matt! That would save a lot of money in the long run.... There are so many posters saying their cars died or are about to die and need a loan asap without shopping it seems. Then later regret their purchases because they got ripped a new one on the sale or have to much negative equity. Excellent advice Matt!!!
Fortunately for me, the car for which I paid about $3K too much was in all other respects a good car (2000 Camry, very reliable) and I still have it four years later. I'm thinking of trading it in sometime in 2009, by which time I will have had it for five years, so effectively my mistake will only have added around $500 to my annual transportation costs. That's a major advantage of keeping my cars for a while: it minimizes the overall impact of any negotiating errors! Imagine if I bought NEW cars every couple of years and overpaid by a similar percentage...
TU 791 02/11/2013, EQ 800 1/29/2011 , EX Plus FAKO 812, EX Vantage Score 955 3/19/2010 wife's EQ 9/23/2009 803
EX always was my highest when we could pull all three
Always remember: big print giveth, small print taketh away
If you dunno what tanstaafl means you must Google it