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#181
02-03-2007, 08:19 PM
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Re: Brag or Beat: Just bought a 2007 Yaris
[ QUOTE ]
You've decided what you will like in the future? You might be surprised. [/ QUOTE ] Just an assumption, but why else would anyone ever buy a new car, if they were just going to decide that they didn't like it and sell it 3 years later? 
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#182
02-03-2007, 08:22 PM
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Re: Brag or Beat: Just bought a 2007 Yaris
[ QUOTE ]
[ QUOTE ] You've decided what you will like in the future? You might be surprised. [/ QUOTE ] Just an assumption, but why else would anyone ever buy a new car, if they were just going to decide that they didn't like it and sell it 3 years later? [/ QUOTE ] I dunno, why did you decide to do that?
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#183
02-03-2007, 08:25 PM
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Re: Brag or Beat: Just bought a 2007 Yaris
[ QUOTE ]
I dunno, why did you decide to do that? [/ QUOTE ] Well, I rethought my plan and realized what I said was bad,thats why I changed what I'm going to do.
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#185
02-03-2007, 08:28 PM
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Re: Brag or Beat: Just bought a 2007 Yaris
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There are a lot of high school aged posters that you would assume were a lot older from their posts, you are not one of them. [/ QUOTE ] What makes you say that?
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#187
02-03-2007, 08:32 PM
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Re: Brag or Beat: Just bought a 2007 Yaris
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What makes you say that? [/ QUOTE ]
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#188
02-03-2007, 08:35 PM
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Re: Brag or Beat: Just bought a 2007 Yaris
I'd say you got hosed. as posted before you are getting absolutely murdered on depreciation/interest/dealer profit. Assuming dealer fees, tax and the like brought your car to ~14k, after your 1200 down you're paying approximately 12% interest on the car. You're essentially burning a payment ever year just for the interest. From my experience in selling cars, I'll use the honda accord as an example. on a 3 year lease in 2006 the value of the car was set at approximately 60% of msrp. There is no way the Yaris will retain the same kind of value. My advice to you would be to drive this car into the ground, or if at all possible, get out of this deal asap, because if you try to sell it off before you're done with payments you're going to be upside down on it for sure, if not, you're going to barely scrape a down payment together off the sale of this car when you're done paying for it.
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#189
02-03-2007, 08:46 PM
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Re: Brag or Beat: Just bought a 2007 Yaris
A question for all,
Let it first be known that I am mentally retarded when it comes to anything finance related. If what he did was so bad and he would have been better off getting a loan from an independent bank to pay for this car, couldn't he still do this? Do you still get charged the financing over 5 years if you pay off the car right now?
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