Quote:
Originally Posted by Smartdavis
With good credit you ought to be able to buy one somewhere around mid $300's a month for 60 months with very little down payment if my calculator is working properly.
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You're close. I have excellent credit and I came up with $387 for 60 months at Edmunds.com with a purchase price of $18,055. I really didn't want to buy, though, and I really don't want to be stuck for five years. If I knew for sure I'd be able to sell it in three and get enough for it to pay off the rest of my loan with a little left over, I wouldn't worry about it. Not knowing how easy they'll be to sell then, though, I'm a little hesitant to take the chance. I don't want to get stuck with it when I'm ready to get something else.
My goal was to drive the smart for three years and then get an electric or fuel-cell car like the Chevy Volt or something, depending on what's available by then.