Re: Keep the 1979 or buy new?

Posted by redforlife on February 01, 2023 at 09:07:10 from (174.213.213.82):

In Reply to: Keep the 1979 or buy new? posted by MarkMac77 on February 01, 2023 at 08:05:52:

I can kind of get what your saying. It's kind of nice to have the dependability of a new machine. And the security of it not being obsolete if it were to break down.

But bottom line, it all comes down to if what you are doing with it, justifies having that dependability.
It wouldn't justify me to buy a new blender for the kitchen, no often than I would use it. Therefor, I'd just get by without the new blender. I know your not talking about blenders and that is way outside of the box of what your asking, but kind of the same when it comes to being justified as to having one.

I sure would hate to be nailed with the payment of a new tractor that I really didn't need, even if it was 0 percent financing. And if I was you, I would check into the fine print of that 0 percent financing. Most times, there is a time limit to the 0 percent part. After a limited time frame, an interest rate kicks in after that. And some times that is all jacked up, to account for a few months of the 0 percent.

The 0 percent tactic is generally used as a sales gimmick. It might influence someone to buy one instead of leasing one. But for a guy that can't really justify having a new one, the 0 percent gimmick, might not be all roses. Might not be what you should do. I know it wouldn't be for me.

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