Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Adult Children
Reply to "Would you buy your adult kid another car"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous]No. They are working so can decide if they want to buy a very used car or lease a small sedan. Neither choice is some sort of evil awful thing when you are a young person starting off. Dh and I did both scenarios (me very used, he leased) and now buy newer used cars cash. Don't let perfect wisdom of middle aged folks prevent your child from gaining autonomy on their own terms.[/quote] Post pandemic, reliable late model used cars retain too much value that buying used is a worse value than new when considering useful life of car vs cost per year over that life. Buying new is like buying in bulk; it costs more upfront but is greater value. In the past it was different. It’s just a way to reduce cash flow, but not the best financial choice. Also you can often get better financing terms on new vs used (we have a 2% rate and invest the cash we would have used). Buying used is now a cash-flow decision, not a value decision.[/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
