Wednesday, October 27, 2010

I Can't Buy A New Car For Cash!

You may be thinking, how can I and most wage earners today afford to buy a new car for cash - who has got that kind of dough sitting around?!. Some people feel that it's unreasonable of me to expect them to buy a new car using cash. After all, many publications, which not uncoincidentally derive great advertising revenue from auto dealers and lenders, effectively endorse and encourage loaning and leasing to buy a car. I'm trying to look out for your best long- term financial interests.
Please consider the following:

If you lack sufficient cash to buy a new car, I say " Don't Buy A New Car!" Ninety percent of the world's population can't even afford a car, let alone a new one! Buy a car that you can afford- namely not a new one.

Don't fall for the new car buying rationalization that says that buying a used car means lots of maintenance , repair expenses, and problems. If you do your homework and buy a good, used car, you can have the best of both worlds. A good used car costs less to buy and should cost you less to operate thanks to lower insurance costs..

A Fancy car is not needed to impress people for business purposes. Some people I know say that they absolutely must drive a brand spanking nice new car to set the right impression for business purposes. I'm not going to tell you how to manage your career, but I will ask you to consider that if clients and others see you driving an expensive new car, they may think that you spend money wastefully or that you're getting rich off of them.

No comments:

Post a Comment

Loading...
This policy is valid from 04 February 2009
This blog is a personal blog written and edited by me. This blog accepts forms of cash advertising, sponsorship, paid insertions or other forms of compensation.
The compensation received may influence the advertising content, topics or posts made in this blog. That content, advertising space or post may not always be identified as paid or sponsored content.
The owner(s) of this blog is compensated to provide opinion on products, services, websites and various other topics. Even though the owner(s) of this blog receives compensation for our posts or advertisements, we always give our honest opinions, findings, beliefs, or experiences on those topics or products. The views and opinions expressed on this blog are purely the bloggers' own. Any product claim, statistic, quote or other representation about a product or service should be verified with the manufacturer, provider or party in question.
This blog does not contain any content which might present a conflict of interest.
To get your own policy, go to http://www.disclosurepolicy.org