Quote:
Originally Posted by Weitz
Is it? If you find the vehicle that fits what you want take a look at the 2 year old models (likely a rental or lease return) and compare to the brand new. Your interest rate is going to be much higher on that 2 year old car, the savings you get are not going to be as much if you factor in the additional costs to borrow, and then the potential of an abused vehicle also needs to be factored it.
Now every situation is different but you have to look at everything.
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This is us basically in a nutshell right now trying to determine if we want to buy a used rental or get something new with basically 0% finance rate (yes we know 0% means a higher sticker price)