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#52
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#53
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One school of thought is to buy appreciating assets (like land, house, etc), and rent depreciating assets. If you plan to drop all that money buying a car you are only going to use through grad school anyway, you should consider a lease on a brand new car that you really like.
Why buy a $15,000 used car that is going to lose value during school, when you could just lease (rent) a car that you really like that is brand new for about the same price of the used car's depreciation. Do not buy depreciating assets unless you are okay with keeping it long enough to justify the "investment." Most people don't think about leasing because it seems more complicated and they don't want to learn about it, but I've leased more cars than I've bought and it works for me. I suggest doing as much independent research as you can and ask people for help with specific questions. You can PM me if you want. Just remember that once you spend the money and sign the paperwork, you better be happy with your decision. No matter what you buy, you are going to lose money if you try to sell it within the first 1-3 years of ownership unless you are playing the private market and know what you're doing. | ||
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#54
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#55
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Personally shanna, i wouldn't spend the whole 15k. I'd try to drop ~10 and put the other 5 away somewhere for unexpected expenses (specifically ones that have to do with the car... i always have at least a grand put away somewhere *JUST* for my car in case something happens to it)
also, no one buys a car with the intention of selling it later to make money... it's just not possible, regardless of what you buy. *maybe* if you buy a cheap used car with low miles, but thats rare.
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Having problems running EQ? Please visit the Tech Discussion forum and read my FAQ before posting:
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#56
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#57
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**edit** you can actually easily buy an old lambo for that much, btw. its just gonna run like shit, look like shit, and in general just be shit. Same with any high end sports car ( including ferrari's and porsche's)
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Having problems running EQ? Please visit the Tech Discussion forum and read my FAQ before posting:
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#58
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just get the damn lambo shanna.
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#59
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I bought a brand spanking new car. After we haggled, it was only $1500 more than the 2011 version.
Photos tomorrow.
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♥T R A L I N A 52 Druid | ♥P I M E N T O 29 Paladin | ♥C E R E N N A 52 Vicar
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#60
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It better be a god damn lambo.
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