SavsMom
New member
My Prius lease is coming to an end in a few months. Oddly enough we will be having our 2nd child about the same time.
My plan has been to turn my lease in and purchase a 2012 Mazda5 at the dealer auction (my dad has his license and I can purchase vehicles at will under his license). I can get a 2012 Mazda5 for $13-14k with around 20-30k miles. I am okay with that as the Mazda would still have the balance of factory 5 year / 60k warranty. Financing through our bank our payment would be $230-$250 month.
WELL - b/f now doesn't want a used car. He wants to put me in a new 2013 Chrysler 200. He works for Chrysler and gets great pricing. However we would be financing about $18k with a payment of $350/mo.
His argument = new car, full factory warranty, good price.
My argument = Mazda is more family friendly, still will have a good balance of factory warranty, $100 less per month, slightly lower payment than my current Prius lease.
I know that the minute we take the new 200 off the lot it drops about $4k in value. Buying the Mazda at the dealer auction we will not be in a negative equity position.
So who is right? Lol!
My plan has been to turn my lease in and purchase a 2012 Mazda5 at the dealer auction (my dad has his license and I can purchase vehicles at will under his license). I can get a 2012 Mazda5 for $13-14k with around 20-30k miles. I am okay with that as the Mazda would still have the balance of factory 5 year / 60k warranty. Financing through our bank our payment would be $230-$250 month.
WELL - b/f now doesn't want a used car. He wants to put me in a new 2013 Chrysler 200. He works for Chrysler and gets great pricing. However we would be financing about $18k with a payment of $350/mo.
His argument = new car, full factory warranty, good price.
My argument = Mazda is more family friendly, still will have a good balance of factory warranty, $100 less per month, slightly lower payment than my current Prius lease.
I know that the minute we take the new 200 off the lot it drops about $4k in value. Buying the Mazda at the dealer auction we will not be in a negative equity position.
So who is right? Lol!