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Originally Posted by GoinAllTheWay
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Spot on BBS, totally agree. Fitting the payments into your monthly budget is important but far more so is what the overall cost of the vehicle is. I work as an insurance broker and it blows my mind how often I ask "what was the purchase price of your new vehicle" and 90% of people aren't really sure. How can you not know what the purchase price is??
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That doesn't surprise me at all. From what i've heard over the years is people walk into a showroom and tell the salesperson the amount they can afford in lease payments per month/bi weekly and ask what they can get for that amount.