Quote:
Originally Posted by xoomer.com
you're going into extremes to show your point but you aint got one. To pay off S550 would take more than 24 years with the same monthly payments, the car won't live that long. Maxima on the other hands will still be zipping around after 6 years so taking 6 years car loan is nothing out of ordinary. Please make sense when posting.
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I think you made his point for him. On the 7th year, you're still paying for a $30k car. How much would a 7 year-old 6th gen worth, given it would have over 100k miles on average.
2005 $384.91/ mo w/ $9k down for 60 mos @ 2%. I still owe $7k, but I have some equity if I trade it in tomorrow.