We pay cash.
We usually take our sweet time, tho the last time we bought a car we did it quick because a fantastic deal fell in our laps.
We do lots of reading (Consumer Reports, etc), do some "just looking" test driving, and check on gas mileage and safety ratings and insurance rates for different models. Then we choose 2 or 3 different models that we are targeting. We never, ever, ever get our hearts set on one particular model; we want to go in to any negotiation 100% prepared to walk away.
We have bought both new and used, and it just depends on where we end up getting the best deal. Years back, when SUVs were all the rage, we were able to get good deals on new sedans (year-end closeouts when the manufacturer was doing a major model revamp) but nowadays sedans are popular again so it's likely we would buy used next time.
We are currently sharing one car and that is saving us a lot of money. We're going to try to hold out with just one car for as long as we can.
IMHO, cars are the real money pits, not houses.
Last edited by scfr : 10-06-2007 at 08:08 AM.
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