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Apr 1st, 2011 02:10 PM #16Deal Addict
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Apr 1st, 2011 02:11 PM #17
84 months? Is any vehicle that is 7 years old worth the same as brand new? You could buy a 7 year old vehicle for a margin of the cost, no matter what the nameplate. 7 years is a LONG time to be tied down to something that depreciates that much. That might be one of the dumbest decisions I've read today, which leads me to believe this is an April's Fool Day joke. Yes, a dealership can offer that long of a lease/buy, but that's a very bad investment. You should never lease/buy a vehicle beyond 4-5 years max, otherwise its not the same vehicle anymore.
Please, don't buy on those terms.
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Apr 1st, 2011 02:15 PM #18Deal Addict
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At 0% financing, you're using THEIR money.
Also, like I said - they extended the warranty to 7 years bumper to bumper for my brother's purchase.
So..
Interest free financing for 7 years which makes monthly payments more affordable
no repairs (other than the regular tires, brakes and consumables)
That's a cheap way to drive a new vehicle. One you regularly may not have been able to afford.
If you take care of it and maintain it, there's no reason you can't get 10 years/250,000km+ out of a brand new car.
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Apr 1st, 2011 02:16 PM #19
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Apr 1st, 2011 02:17 PM #20Newbie
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Apr 1st, 2011 02:28 PM #21_______________
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Apr 1st, 2011 02:39 PM #22
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Apr 1st, 2011 02:40 PM #23
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Apr 1st, 2011 02:44 PM #24
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Apr 1st, 2011 02:51 PM #25
+2....actually, even if you don't take care of it and maintain it that well, I find most cars will last 10yrs and around 200, 000kms..
Parents bought a brand new 1998 Chevy Malibu...IMO a really bad car with plenty of problems with it....to this day the engine is still going on strong with some maintenance work that has been done over the years but the body looks like crap (rusted in various places)...
So I think a Hyundai would probably be able to last 10yrs easily....just a guess since I don't own one...
Now, will a person be satisfied to drive the same car for 10yrs? Some might not but that is a different discussion....._______________
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Apr 1st, 2011 03:02 PM #26
I currently own two 2010 Elantra Sedans, and both have been quite excellent.
If anyone wants a referral to the Burlington dealer, PM me ... I've worked with one sales guy to buy 4 cars over the last year.
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Apr 1st, 2011 03:03 PM #27
True, but there are high end vehicle import from Japan, and most implants in North America require parts from Japan for final assembly.
They might still have enough parts for now, but for how long?
If this continue on, a used Japanese car will be worth as much as a new one, if you can find it.
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Apr 1st, 2011 03:07 PM #28
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Apr 1st, 2011 03:09 PM #29Newbie
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Bought a 2010 Genesis Coupe last summer... top notch.
Highly recommended. Great service too at Alpine in Kitchener/Waterloo
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Apr 1st, 2011 03:13 PM #30
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