Re: What to do - Upgrade Time ?
I look at it differently. I have never outright owned a car, I have always financed them and the philosophy is simple..if you don't have the cash to buy a car you have 2 options. First is don't buy one and Second, finance one. Even if you have the cash, why gobble up all your own money when you can use someone else's? I drive a GTP, do you think I would put up $75k of my money when all it costs me is about $300 a week and not one cent up front as a deposit? Yep, you will choke loads of money on resale, but who gives a shit if it's financed and if you are lucky enough to write off the depreciation on tax. The bottom line is you will rarely make money on the EL, why not put your butt into a current model, finance it and enjoy the ride.
Venom GT-P Manual, Herrod Exhaust, DVD player