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Originally Posted by shermsshack
Also, to those people saying pay all cash... Why the hell would you want to drop $xx,xxx at once on an item that depreciates when the interest rate is so low? If you keep that money working for you, you should earn a higher return than the interest fees you would have saved by paying in full. Not having payments isn't often the best solution.
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I paid cash for my Wrangler just because I plan on keeping it forever and I wanted to know if worse came to worse in my personal finances, I had a car with no payment to worry about.
But normally I lease. I want a new "every day" car every 3 or so years and leasing has always worked out best for me. I leased a Cherokee when I bought the Wrangler. I love them both but they are 100% polar opposite cars
