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Old 10-22-2009, 04:03 PM   #16
mikefocke
Registered User
 
Join Date: Aug 2005
Location: Sanford NC
Posts: 2,537
Well said

The buying costs on the one you have are already paid for...maybe even the car is paid off. New ones better? Yep. Selling/Buying transaction costs kill you? Yep. Taxes, sales commissions, inspections, PPI, etc.

Think of all the $ you'll save by not buying and selling. Plus you know the condition of your car and don't know about its replacement.

In this economy, if you have to ask...don't.

Put you money in appreciating assets, not depreciating ones.

IMHO
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