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Reply to "What is your car payment?"
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[quote=Anonymous]$0 - we bought in cash. [quote=Anonymous][quote=Anonymous]When you pay cash for a brand new car, don't you already lose the depreciation as soon as you drive it off the lot? [/quote] The depreciation happens regardless of the financing. [/quote] This. And it's worse if you finance, because, depending on how much you put down and the amount of the depreciation, you may now owe more than the car is worth.[/quote]
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