Posted by Cathy F. on March 24, 2007, 2:28 am
>>
>>> I'm saving a lot on gas...but my loan payments are a lot higher than
>>> they
>>> would be for a normal economy car; non hybrid. Prius?
>>
>> Prius is not an economy car. It's a low-emissions car.
>>
>> No one should ever borrow money to buy a new car.
> Well, in a perfect world, no, but most can't afford to pay cash for a car.
> They have to have the car to get to work to pay for the car and everything
> else.
> Must be nice not to ever have to do that, but many really have no choice.
> Natalie
Yep. Would be nice, but...
OTOH, my present car loan will be paid off in about a month, though! :-)
Cathy
>
Posted by Scott in Florida on March 24, 2007, 2:34 am
wrote:
>>
>>>
>>>> I'm saving a lot on gas...but my loan payments are a lot higher than
>>>> they
>>>> would be for a normal economy car; non hybrid. Prius?
>>>
>>> Prius is not an economy car. It's a low-emissions car.
>>>
>>> No one should ever borrow money to buy a new car.
>>
>> Well, in a perfect world, no, but most can't afford to pay cash for a car.
>> They have to have the car to get to work to pay for the car and everything
>> else.
>>
>> Must be nice not to ever have to do that, but many really have no choice.
>>
>> Natalie
>Yep. Would be nice, but...
>OTOH, my present car loan will be paid off in about a month, though! :-)
>Cathy
..........and the beauty of that position....is you don't have to buy
a new car for a long time!
--
Scott in Florida
Posted by on March 24, 2007, 3:09 am
"Scott in Florida
, "Cathy F."
> wrote:
>>
>>"Wickeddoll®" ...
>>>
>>> "richard schumacher"...
>>>>
>>>>> I'm saving a lot on gas...but my loan payments are a lot higher than
>>>>> they
>>>>> would be for a normal economy car; non hybrid. Prius?
>>>>
>>>> Prius is not an economy car. It's a low-emissions car.
>>>>
>>>> No one should ever borrow money to buy a new car.
>>>
>>> Well, in a perfect world, no, but most can't afford to pay cash for a
>>> car.
>>> They have to have the car to get to work to pay for the car and
>>> everything
>>> else.
>>>
>>> Must be nice not to ever have to do that, but many really have no
>>> choice.
>>>
>>> Natalie
>>
>>Yep. Would be nice, but...
>>
>>OTOH, my present car loan will be paid off in about a month, though! :-)
>>
>>Cathy
>>
My 2000 Echo is all mine... hasn't fallen apart yet - just normal wear and
tear. (except the floorboards that Toyota recalled before I even found out)
> ..........and the beauty of that position....is you don't have to buy
> a new car for a long time!
> --
> Scott in Florida
Yup!
Natalie
Posted by Cathy F. on March 24, 2007, 3:33 am
> wrote:
>>
>>>
>>>>
>>>>> I'm saving a lot on gas...but my loan payments are a lot higher than
>>>>> they
>>>>> would be for a normal economy car; non hybrid. Prius?
>>>>
>>>> Prius is not an economy car. It's a low-emissions car.
>>>>
>>>> No one should ever borrow money to buy a new car.
>>>
>>> Well, in a perfect world, no, but most can't afford to pay cash for a
>>> car.
>>> They have to have the car to get to work to pay for the car and
>>> everything
>>> else.
>>>
>>> Must be nice not to ever have to do that, but many really have no
>>> choice.
>>>
>>> Natalie
>>
>>Yep. Would be nice, but...
>>
>>OTOH, my present car loan will be paid off in about a month, though! :-)
>>
>>Cathy
>>
> ..........and the beauty of that position....is you don't have to buy
> a new car for a long time!
That's true. To a degree. I *usually* keep my cars for 6 years - that seems
to be the cusp of when the depreciation will start to fall off & not give me
a big enough down payment for the next car. At 6 years, it pretty much
turns into a 1) sell (or trade) it, or else 2) keep it forever - to be the
best situation, financially. Up here, after several years there's always
the problem with body upkeep - rust - because of the winters/salt on the
roads.
Caveat to the above: Except... I just bought the April car issue of CR; a
used '04 Prius appears to be selling for almost as much as the MSRP was back
in '04! (Within $ - 2 K!) If the Prius continues to hold its value that
well, may be yet another incentive for me to splurge & buy one the next time
around...
Cathy
> --
> Scott in Florida
>
Posted by Greg on March 24, 2007, 1:22 pm
The scenario might be soon changing, now that new Prius supply has met
or exceeded demand, at least here in the US. Toyota incentives and dealer
discounts also may tend to alter the future resale value of a Prius. - Greg
Now Easily Make Your First $0K Online! More at http://1stBe.com/1st50k
$0 a Day Income in 30 days or Less Online Business: http://1stbe.com/0-50
>>>>>> I'm saving a lot on gas...but my loan payments are a lot higher than
>>>>>> they would be for a normal economy car; non hybrid. Prius?
>>>>>
>>>>> Prius is not an economy car. It's a low-emissions car.
>>>>>
>>>>> No one should ever borrow money to buy a new car.
>>>>
>>>> Well, in a perfect world, no, but most can't afford to pay cash for a
>>>> car. They have to have the car to get to work to pay for the car and
>>>> everything else.
>>>>
>>>> Must be nice not to ever have to do that, but many really have no
>>>> choice.
>>>>
>>>> Natalie
>>>
>>>Yep. Would be nice, but...
>>>
>>>OTOH, my present car loan will be paid off in about a month, though! :-)
>>>
>>>Cathy
>>>
>> ..........and the beauty of that position....is you don't have to buy
>> a new car for a long time!
>
> That's true. To a degree. I *usually* keep my cars for 6 years - that
> seems to be the cusp of when the depreciation will start to fall off & not
> give me a big enough down payment for the next car. At 6 years, it pretty
> much turns into a 1) sell (or trade) it, or else 2) keep it forever - to
> be the best situation, financially. Up here, after several years there's
> always the problem with body upkeep - rust - because of the winters/salt
> on the roads.
>
> Caveat to the above: Except... I just bought the April car issue of CR; a
> used '04 Prius appears to be selling for almost as much as the MSRP was
> back in '04! (Within $ - 2 K!) If the Prius continues to hold its value
> that well, may be yet another incentive for me to splurge & buy one the
> next time around...
>
> Cathy
XML site map
>>> I'm saving a lot on gas...but my loan payments are a lot higher than
>>> they
>>> would be for a normal economy car; non hybrid. Prius?
>>
>> Prius is not an economy car. It's a low-emissions car.
>>
>> No one should ever borrow money to buy a new car.
> Well, in a perfect world, no, but most can't afford to pay cash for a car.
> They have to have the car to get to work to pay for the car and everything
> else.
> Must be nice not to ever have to do that, but many really have no choice.
> Natalie