New CR-Z or Old civic?

[A//// Guy]

If the civic breaks, you can rent a car for like 16 dollars a day or less. Do that for a week while you fix whatever breaks. Those things are cake to work on and parts are cheap. If the motor goes, use that 2k you saved putting money down on this new gay car and get another beater civic.

[Halon]

The point everyone is trying to get across to you, is if you lease this car, once the lease is over, you will have forked over all this money, and will have NOTHING to your name. You seem to have blinders on, and are focused just on monthly payments. Think beyond month to month, and think where you will be in 3 years. You will be out 11k, and out a car. You will now need to get a vehicle, you will nothing to sell/trade-in, you will be "back at square one" as you put it earlier. Where as if you chose the car loan path, and bought a used car that had similar payment plan and what-not, after 3 years you'd be out 11k, but you'd still have a car.

Me personally, I hate any form of car payment. So if I was in your shoes, and had a working Civic and a working Miata, I would drive those, and put away that 300/month in savings for a 2 years, and then have $7k, and go out and buy a $7k car cash.

[A//// Guy]

http://3.bp.blogspot.com/_z6AaErbzy18/RvhfMmdy-cI/AAAAAAAAAug/dYrmUk7e7nI/s400/000000000000graveCommonSense.jpg

[Matt D.]

Me personally, I hate any form of car payment. So if I was in your shoes, and had a working Civic and a working Miata, I would drive those, and put away that 300/month in savings for a 2 years, and then have $7k, and go out and buy a $7k car cash.
This is exactly what most of us are trying to get across here. It's not about spending month to month but about spending as a whole.

[cudvig]

There are also more variables you guys aren't realizing.

Maybe 300 dollars a month is what I think is a reasonable
price for good gas mileage and a car that if breaks I dont have to worry about.
I am not putting any money down and it makes me happy to know that
my car is newer and won't break. Basically my time is more important than 300 dollars a month...

-Colin

[Halon]

Maybe 300 dollars a month is what I think is a reasonable
price...
Basically my time is more important than 300 dollars a month...

-Colin



You can lead a horse to water, but you can't make it drink.

If you can't remove your living month by month blinders, then nothing we say or have said will ever make sense to you. Good luck in your endeavors.


So many people fail to see beyond the monthly payment and think about the long-term.

This is exactly what most of us are trying to get across here. It's not about spending month to month but about spending as a whole.

You seem to have blinders on, and are focused just on monthly payments. Think beyond month to month, and think where you will be in 3 years.

You're failing to see the big picture, the end game. It's not about the $300 a month, it's about the entire sum of money you will be paying for this car and what you'll have to your name when you're done forking over the money.

[A//// Guy]

I dont even know why this thread was posted.

[Kracka]

I dont even know why this thread was posted.
I guessing leasing an econobox hybrid makes him feel special and this was his way of attempted bragging? He obviously already had his mind made up and didn't want to listen to anyone's advice. Pretty much backfired on him though, now everyone just thinks he's a financial fool.

[goodhart]

I guessing leasing an econobox hybrid makes him feel special?

But it's so unique!!!

[A//// Guy]

Theres already one of these in my apartments garage, didnt even notice it till last night because it looks like any other honda. haha