Oh Lord, I'm Contemplating Getting a New Car

"OmerCarrothers333" (omercarrothers333) 04/13/2020 at 15:50 • Filed to: Car Buying

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It’s becoming harder to ignore the advertisements of “NO MONEY DOWN! NO INTEREST FOR SIX YEARS! NO PAYMENTS FOR SIX MONTHS!” and the whopper: “WE’LL PAY YOUR RENT OR MORTGAGE FOR TWO MONTHS!”

Do I need a new car? No. Bu t, what if I could score a sweet deal on a new GTI, AllTrack, or Forte GT?

Hard to say no to it.

CB > OmerCarrothers333 04/13/2020 at 15:59

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I fell for buying an Alltrack. It’s great.

The Ghost of Oppo > OmerCarrothers333 04/13/2020 at 16:00

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I’m in the same boat but luckily the dealerships are closed so I can’t do anything rash

Tripper > OmerCarrothers333 04/13/2020 at 16:07

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Hello in the same boat. Holding on a Blue Golf R when dealers open, maybe, maybe not...

Jim Spanfeller > OmerCarrothers333 04/13/2020 at 16:09

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NO! DON’T GIVE IN! PULL YOURSELF TOGETHER, MAN!

[SLAP!]

You know it’s expensive. You’ll get hit with depreciation! It’s not worth it! Don’t go to the dark side, just buy a Miata.

Miata is your friend, you can trust it.

MasterMario - Keeper of the V8s > The Ghost of Oppo 04/13/2020 at 16:10

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A boat would be nice too

Nick Has an Exocet > OmerCarrothers333 04/13/2020 at 16:14

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Smart money borrows at low rates and puts it into things that will return at a higher rate. A car, even at 0%, isn’t one of those things.

That said, if you need a car, go for it. Haha

Textured Soy Protein > OmerCarrothers333 04/13/2020 at 16:15

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Right now the deals are mainly limited to manufacturer incentives. Dealers are otherwise trying to hold the line, at least until they start feeling the crunch more.

davesaddiction @ opposite-lock.com > Nick Has an Exocet 04/13/2020 at 16:24

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The dichotomy of being generally fiscally responsible but loving cars (and going to the track) is a complex relationship - ha!

Nick Has an Exocet > davesaddiction @ opposite-lock.com 04/13/2020 at 16:25

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Tell me about it....

davesaddiction @ opposite-lock.com > Nick Has an Exocet 04/13/2020 at 16:29

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LOL

Do as I say, not as I do... 

Just Jeepin' > OmerCarrothers333 04/13/2020 at 16:53

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If Jeep offers 0% on Wranglers...

Of course, my credit score sucks, so I’m not eligible anyway. And who knows if my job will be around for 7 months, let alone 7 years.

Dr. Zoidberg - RIP Oppo > Nick Has an Exocet 04/13/2020 at 17:00

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Juuuuuust barely fits

Khalbali > OmerCarrothers333 04/13/2020 at 17:44

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The forte is teasing me right now too, was already planning on a new car by the end of the year but now.....

Manwich - now Keto-Friendly > OmerCarrothers333 04/13/2020 at 18:17

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If your current car is paid for, keep enjoying not having payments.

A new car WILL mean payments for years.  And think about all the other things you could do with that money.

RiceRocketeer Extraordinaire > Nick Has an Exocet 04/13/2020 at 20:02

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then again, if you borrow a chunk of change at 0% to buy an air-cooled Porsche ...

Nick Has an Exocet > Dr. Zoidberg - RIP Oppo 04/14/2020 at 02:30

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It kicked the Miata out of the driveway but it’s not kicking the Exocet out of the garage. Big Boi has a some wide doors.

Nick Has an Exocet > davesaddiction @ opposite-lock.com 04/14/2020 at 02:31

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I bought this thing like 2 weeks before coronavirus hit the US. I’m lucky I still have a job.

davesaddiction @ opposite-lock.com > Nick Has an Exocet 04/14/2020 at 12:25

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Hope we both get to say that a couple months from now!