All Forum Posts by: Account Closed

This is a super old thread but I am looking to get a new car as I have a 2007 BMW 335i (amazing car for the enthusiast but I can't justify the maintenance because it doesn't align with how I look at money now.) and I am strongly considering a new Kia Optima or the like No one seems to have mentioned the fact that many manufacturers offer 0% APR for 60-75 months and offer pretty nice rebates as well. For example: the optimas I'm looking at have an MSRP of $23,000. They have a factory rebate of $2,500 (10.8% off) And I recently helped a friend negotiate on the same model and I managed to get the selling price down $3,200 (13.9% off) The way I figure it if I choose this car I can get a brand new vehicle for 24.7% off retail price. Literally get free money from Kia financial, and have a 10yr/100,000 mile drive train train warranty 5yr./60,000 bumper to bumper Hard to argue that a 2-3 year old car is a better deal, not to mention it frees cash up for investing This