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Timeline for Buying my first car out of college

Current License: CC BY-SA 3.0

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Dec 28, 2017 at 20:14 comment added schizoid04 Just want to say you don't necessarily lose as much as 5-10k the 'second' you leave the lot. You lose a bit of value, especially as you add miles, but it's no where near as dramatic. Especially not for lower-value cars, that MSRP at <=20k. You might lose 5-10k after year one, but I still think 10k in that short a time frame is a bit of a stretch
Jun 17, 2013 at 22:46 comment added Jim +1 for stating the fun factor. Also, I hope no one overlooked that you said you LEASED that car. That is a definite negative, financially. But it may be outweighed by the fun you get from the car. Leasing does put limits on your driving thought, or you will be penalized when the lease if over. I bought two used (off-lease) BMWs. I sometimes think I should/could have done it a lot earlier in life.
Nov 4, 2012 at 13:24 review Late answers
Nov 5, 2012 at 21:11
Dec 13, 2011 at 8:00 history answered Life is Too Short CC BY-SA 3.0