I am a woman first of all.
Second, i have already explained the reasoning behind wanting to buy the car, even if the rate is a tad higher.
I am not so dumb, it is just 2 things.
- i won’t have this much in cash again to throw down at the overhead that i owe on my car.
- my car is not going anywhere but down in resale value, which is going to screw me over later in terms of being more under on it than it’s worth.
i thought that possibly getting into a used car, and getting rid of this, yes i will be paying a tad more interest, but at least i will have a way better vehicle, and if i ever decide to sell that, at least the resale value on it is going to be worth more than what mine is, 2 fold.