Originally Posted by bigx5er

Umm, everyone loses money on depreciating assets. If my trade in after a year is 9000 less than purchase, that was about a 15% depreciation and hardly more than my 5 year loan payment. So really it's close to a push.

I wasn't expecting a forum with people buying 60K+ cars to be concerned with my or the OPs financial issues. I've lost far more on my house over the last 4 years than I have on my cars for my entire life.