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Old 04-19-2009, 05:17 AM   #1
YarisSedan
 
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Ugh so you you traded in your yaris you just bought for another car? Did you have it payed off or you rolled in your money you were probally upside down in now into another car raising your payments a month. I used to be a car salesman i could never understand how someone who has a car that they just PAYED off or still maknig payments on and trade it in for another car.

You loose so much money trading your car in since you get the trade in value which is usually thousands less than what the car is really worth. Plus you will always be in debt your whole life. Jumping from car payment to car payment.

I personally loath my car payment and i cant wait to be out of it and now have to worry about anymore major payments till it comes down to a house payment. Thats actually something i look forward too =)
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Old 04-19-2009, 05:40 AM   #2
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Originally Posted by YarisSedan View Post
Ugh so you you traded in your yaris you just bought for another car? Did you have it payed off or you rolled in your money you were probally upside down in now into another car raising your payments a month. I used to be a car salesman i could never understand how someone who has a car that they just PAYED off or still maknig payments on and trade it in for another car.

You loose so much money trading your car in since you get the trade in value which is usually thousands less than what the car is really worth. Plus you will always be in debt your whole life. Jumping from car payment to car payment.

I personally loath my car payment and i cant wait to be out of it and now have to worry about anymore major payments till it comes down to a house payment. Thats actually something i look forward too =)
Most of todays generation have no concept of buying what you can afford,the days of starting your driving in a $500 beater are so 1950,todays young adults get brand new cars as a first car and who cares about credit till 20yrs later it comes a knocking to the tune of "gee we owe $80000"how did that happen?guess we'll just have to file bankruptcy and let some one else pay for our exstravagance.I've always bought my cars cash,sometimes i'm driving a $1000 car other times a brand new Yaris. Sure feels nice to owe nothing to anyone.,its all bought and paid for
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Old 04-19-2009, 06:39 AM   #3
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Originally Posted by jambo101 View Post
Most of todays generation have no concept of buying what you can afford,the days of starting your driving in a $500 beater are so 1950,todays young adults get brand new cars as a first car and who cares about credit till 20yrs later it comes a knocking to the tune of "gee we owe $80000"how did that happen?guess we'll just have to file bankruptcy and let some one else pay for our exstravagance.I've always bought my cars cash,sometimes i'm driving a $1000 car other times a brand new Yaris. Sure feels nice to owe nothing to anyone.,its all bought and paid for
Agree! I paid cash for my first 4 used cars, the first and third being unreliable junkers. It helped me understand the concept of value and working your way up. After 7 years (28 now) of busting my ass at a dead-end job to pay-off debts and build credit I felt like I finally deserved my first new car. The sense of accomplishment is amazing

I say let these others have their indulgent fun, it's just amusement for the rest of us IMO
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Old 04-19-2009, 05:52 PM   #4
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Most of todays generation have no concept of buying what you can afford,the days of starting your driving in a $500 beater are so 1950,todays young adults get brand new cars as a first car and who cares about credit till 20yrs later it comes a knocking to the tune of "gee we owe $80000"how did that happen?guess we'll just have to file bankruptcy and let some one else pay for our exstravagance.I've always bought my cars cash,sometimes i'm driving a $1000 car other times a brand new Yaris. Sure feels nice to owe nothing to anyone.,its all bought and paid for
Tht's a little harsh there, jambo. All of my kids started with bangers, and went on to buy reasonable cars. At present, only 2 of the 4 have actually bought new, and both of those were in the last year (these are 26 and 28 yr olds). My other two are driving 2nd hand cars that are better than the beaters they started with, but still secoind hand form the "lower" end of the spectrum.
My first Yaris was MY first-ever new car, and I'm 54 now. Kids only know what they are taught, and some of us teach our kids right.
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Old 04-19-2009, 10:04 PM   #5
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Tht's a little harsh there, jambo. All of my kids started with bangers, and went on to buy reasonable cars. At present, only 2 of the 4 have actually bought new, and both of those were in the last year (these are 26 and 28 yr olds). My other two are driving 2nd hand cars that are better than the beaters they started with, but still secoind hand form the "lower" end of the spectrum.
My first Yaris was MY first-ever new car, and I'm 54 now. Kids only know what they are taught, and some of us teach our kids right.
Wasnt meant to be a blanket condemnation of all young kids only the ones fresh out of school and signing contracts for new cars they cant afford.
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Old 04-19-2009, 11:10 PM   #6
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Wasnt meant to be a blanket condemnation of all young kids only the ones fresh out of school and signing contracts for new cars they cant afford.
I know, but when you used "most", I thought was maybe broader than needed. No biggie.
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