And you still dont understand jackass! Why pay new car when you lose value? I rather buy a used $6000 BMW which i currently have than a wasted $40000 new BMW. This used bmw is a dream and obviously some parts were replaced BUT it was NOWHERE close to $40000! Alternate? There are loads of opportunities to make extra…

The reason why financing is bad is because you are locked in to repay over period of 5 years. What will happen if a person lost his job and cant afford the repayments. The banks will simply take everything away from them. Yes thats very bad so cash is better but i also will never buy a new car because you lose value…

So you bought that jeep for eg $60000 and will lose over 50% for 5 years while a used one cost less than $6000 and will lose 2-5% for 5 years. Which is better 50% or 5%??? Lifetime warranty? I dont believe that for a sec! Only 5 years max! Get a life!