Quote:
Originally Posted by EFI
Somehow I don't think he's getting 30k trade in for his V6. Put TT&L on top of that and you're looking at 32-33k.
How long will it take the OP to break even if he ends up saving $100/month but spent an extra 6k to get the new car?
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Quote:
Originally Posted by wakespeak
LOL this point exactly. You'll never break even on fuel savings, especially if the CLA is traded early as well. I am also guessing the CLA will get 16-18 mpg if it is driven in the same manner as the Camaro. I am not saying I haven't been guilty of justifying a purchase on similar quicksand reasoning either, but now I just say I need a sedan or wanted a different car.
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If the OP isn't plopping $6,000 in cash down to cover the depreciation, that was simply lost money. You can very easily roll that into the transaction and make the loss invisible. It will eventually catch up to you, but in this case you just look at the new car, it's payment and the gas bill.
Don't disagree with either of your points as you are correct. But unless the OP is writing a check for that depreciation, it doesn't much matter.