Kirk's Market Thoughts Message Board

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Non-Tech : Kirk's Market Thoughts

COHR 185.12

+4.0%

3:59 PM EST

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To: Augustus Gloop who wrote (2630)	1/23/2015 1:23:40 PM
From: robert b furman	Read Replies (1) of 27016

Hi AG, Some times and not all times by any means it is better to take the 0.0 longer term financing. It is not the norm but at times everything gets 0.0 for 60 or 72 months (usually end of year sell out sale). If that particular model has good demand and a small cash rebate - take the free money for a longer term. If you are paying interest always make it short and put a strong down payment on it. I've gone full circle and now like to buy a nice 2-3 year used vehicle. I've become less and less emotional about new cars. That being said I'm about to spend way too much getting my 57 fuelie corvette restored by the Nabors brothers (here in Houston). That should hold and maybe go up - but it is a dream possession I've had quite a few years and it is time to get it done. I've never had kids and I've seen them get spoiled and not appreciste a nice new car until they suffered with an unreliable beater. Depends on your son's maturity level. The best used cars are the cookie cutter rentals or better yet a 24 month lease return - if you find exactly what you dream about. Bob

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