I tend to agree that the biggest depreciation hits and other expenses seem to occour
at purchase, so to turn vehicles around in short time frames just multiplies
the losses..... Not to mention that another loan, or re-financing will attract
another round of application and bank fees ?
Essentially you've already taken a fair hit on depreciation.... why line up
for another ? Spread the single hit out over time is my logic.
I'd suggest hanging onto the car you've got, pay it off quick as you can
and make some savings in less interest.
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