Re: Buying cars
This will elicit screams of horror from this forum, but I always buy new cars. The last thing I need is to buy someone else's headache, not to mention one with an inferior warranty. Note though that I drive my cars for 6 or 7 years before getting a new one, so the depreciation hit isn't that bad. Since I'm buying new I tend to get very favorable interest terms (1.9% for example). Also I negotiate very hard for the best possible price. If the salesperson doesn't want to deal, then I don't hesitate to walk away.
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