Originally Posted by jumbopackage
The most cost effective way to own a vehicle is to buy used and run it into the ground.
It's insane to take depreciation hit after depreciation hit on new car after new car. You're basically throwing money down the drain.
Me three. People don't always relate that no payment increase does not mean it is cost free, both in the literal sense and in the long term. All that depreciation adds up in the end.