Quote:
Originally Posted by Sliver
I don't hate new cars. I hate watching people put themselves in compromising financial positions when they don't need to. I also like to help people. I also like educating people on how they can have exactly what they want for half the price of new. It feels good to get what you want and keep tens of thousands of dollars that some other guy would have spent.
Like buying a new RAV, for example. In my opinion somebody buying a brand new RAV has likely wasted $15K or so versus a model a couple of years old that is basically the same thing. I'd have preferred to see them use that money to put into their retirement savings so it would have been $50,000 when they're 65. Then that person could retire 18 months earlier or take a couple of exotic vacations in their retirement that now they won't be able to take. When they are that age, that RAV4 will be a new refrigerator or something as it will have rusted out and been recycled long ago.
^ That's not because I hate new cars. Being a car guy is one of the ways I define myself. I just think most people who get excited about financing and leasing rates are also the same people that should be spending less on cars. If you are wealthy enough that my advice doesn't apply to you, then you probably already know that and you can just ignore it.
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Wow. Was that supposed to come off as pompous as it sounded?