Comments on: Car depreciation: Eh, don’t worry so much http://sensetosave.com/2008/02/27/car-depreciation-eh-dont-worry-so-much/ Wed, 08 Feb 2012 18:56:32 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: linklings, the snow has got to stop edition -- brip blaphttp://sensetosave.com/2008/02/27/car-depreciation-eh-dont-worry-so-much/comment-page-1/#comment-5593 linklings, the snow has got to stop edition -- brip blap Sat, 01 Mar 2008 13:15:29 +0000 http://sensetosave.com/2008/02/27/car-depreciation-eh-dont-worry-so-much/#comment-5593 [...] Car depreciation: Eh, don’t worry so much | Sense to Save [...] [...] Car depreciation: Eh, don’t worry so much | Sense to Save [...]

]]> By: Bethanyhttp://sensetosave.com/2008/02/27/car-depreciation-eh-dont-worry-so-much/comment-page-1/#comment-5458 Bethany Thu, 28 Feb 2008 05:41:16 +0000 http://sensetosave.com/2008/02/27/car-depreciation-eh-dont-worry-so-much/#comment-5458 K's parents bought their Xterra in cash. His mom shopped around and haggled with the salesman until she got the price and the exact car she wanted. She tried to pay with her credit card to get all the rewards that would come with such a big purchase, but they wouldn't let her. They're really frugal with everything -- it was the first new car they'd ever owned, according to K. K’s parents bought their Xterra in cash. His mom shopped around and haggled with the salesman until she got the price and the exact car she wanted. She tried to pay with her credit card to get all the rewards that would come with such a big purchase, but they wouldn’t let her. They’re really frugal with everything — it was the first new car they’d ever owned, according to K.

]]> By: Manchhttp://sensetosave.com/2008/02/27/car-depreciation-eh-dont-worry-so-much/comment-page-1/#comment-5451 Manch Thu, 28 Feb 2008 04:30:07 +0000 http://sensetosave.com/2008/02/27/car-depreciation-eh-dont-worry-so-much/#comment-5451 I miss Shirley! Chicken, penny. I miss Shirley! Chicken, penny.

]]> By: Mrs. Micahhttp://sensetosave.com/2008/02/27/car-depreciation-eh-dont-worry-so-much/comment-page-1/#comment-5436 Mrs. Micah Wed, 27 Feb 2008 22:15:43 +0000 http://sensetosave.com/2008/02/27/car-depreciation-eh-dont-worry-so-much/#comment-5436 I just checked "Kimono" and fortunately we're also right-side-up on our loan with her. *whew* Of course, we plan to drive her into the ground if possible... :) I just checked “Kimono” and fortunately we’re also right-side-up on our loan with her. *whew* Of course, we plan to drive her into the ground if possible… :)

]]> By: Sabrinahttp://sensetosave.com/2008/02/27/car-depreciation-eh-dont-worry-so-much/comment-page-1/#comment-5429 Sabrina Wed, 27 Feb 2008 17:37:23 +0000 http://sensetosave.com/2008/02/27/car-depreciation-eh-dont-worry-so-much/#comment-5429 I got a 5 year loan on my car because that's the way the finance company did the paperwork. When I got home, I made my own ammortization schedule for a 4 year loan and that's what I pay every month on my car.5 years is too long. I can't even imagine paying on a 72 or 84 month loan! That's insane. I got a 5 year loan on my car because that’s the way the finance company did the paperwork. When I got home, I made my own ammortization schedule for a 4 year loan and that’s what I pay every month on my car.

5 years is too long. I can’t even imagine paying on a 72 or 84 month loan! That’s insane.

]]> By: joannahttp://sensetosave.com/2008/02/27/car-depreciation-eh-dont-worry-so-much/comment-page-1/#comment-5424 joanna Wed, 27 Feb 2008 13:15:55 +0000 http://sensetosave.com/2008/02/27/car-depreciation-eh-dont-worry-so-much/#comment-5424 Way to go on putting such low miles on the car! And, way to go on not being upside-down on your loan.If you're going to keep the car forever, you're right, depreciation doesn't matter. With my husband's car, we don't even consider resale value when looking to the next car, because we don't expect to get much out of it (it's 16 years old & still going fine). With mine, it's a newer car now and we'll (hopefully) keep it forever, to the point that resale won't matter. Our next car, we're planning on paying cash for a used car. We read Dave Ramsey's car-buying strategy, and we're not sure we can do that at this point, but its a nice thought. Way to go on putting such low miles on the car! And, way to go on not being upside-down on your loan.

If you’re going to keep the car forever, you’re right, depreciation doesn’t matter. With my husband’s car, we don’t even consider resale value when looking to the next car, because we don’t expect to get much out of it (it’s 16 years old & still going fine). With mine, it’s a newer car now and we’ll (hopefully) keep it forever, to the point that resale won’t matter. Our next car, we’re planning on paying cash for a used car. We read Dave Ramsey’s car-buying strategy, and we’re not sure we can do that at this point, but its a nice thought.

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