This is something I've been thinking about for a bit (except I've been crunching C2S numbers).
IMO its a bad idea to finance beyond 5 years, and even that is pretty long. One, the car will be out of warranty for many years while you're making a payment. Two, will you still want that car in 8 years? Or 7? Or even 6? You'll still be making payments. And Three, you'll be upside down for a very long time on the loan, so if for some reason you want to dump the car you'll be taking a hit.
If you want a new Box I'd finance for 5 years with a hefty down payment.
BTW, what options are you looking at getting and what color?
EDIT: I agree with PL. Get a used one. If you are patient you can find exactly what you are looking for with very few miles and someone has already taken the big price hit.
Last edited by Chills; 05-12-2008 at 09:50 AM.
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