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Old 04-04-2009, 07:17 PM
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B-Line B-Line is offline
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Join Date: Mar 2005
Location: Los Angeles...
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I say lease a new Audi Q5..

Here's the deal, when you finance a used car you are still financing a lot of money. That means higher monthly payments. And at the end of the finance you have a very old car which is hard to offload and certainly you won't be ahead of book value, probably $2500 behind book.

So if you include the fact that you have to pay the entire sales tax on the vehicle rather than just the taxes on the vehicle you borrow, you also pay more.

So unless you plan on keeping the car for 5-6 years and the car is a 2006 which means it's already 4 years old.. Save yourself the hassle.

Lease a new car, have lower payments. Don't invest in a depreciating asset that will be near impossible to sell in 3-5 years with the risk of being upside down.

Lease, get in, get out.. Just make sure you lease well.

That's my opinion.
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