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introduction |
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You've decided to buy a new car. An image of your dream
car hovers in your mind — it's shiny, colorful and purrs like a kitten at 70
kilometers an hour. Buying a car is a big investment, but it can be exciting
and rewarding, especially if you feel like you got the right car at a fair
price. For this reason, it's worthwhile to spend a substantial amount of time
on the process, to confirm that you end up with the best car for you at the
best price you can get. The most emotional part of buying a new car may not be
the idea of buying a new car but choosing which one to buy.
Once you've decided to get a car, be sure that you understand that the car is
NOT an investment. There are exceptions to this rule, such as some antique and
collectible cars which can appreciate in value (although rarely as fast as
stock investments). But for virtually all other cars, their value depreciates
with every mile you put on them. So look at the car as an expense rather than
an investment. |
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