Yeah, what a great idea! Lets pay interest on a rapidly depreciating asset!
Ususally, cars lose half their value every three years or so, throughout their life.
IE $30k new, $15k 3yrs old, $7.5k 6yrs old, $3.75k 9yrs old, $1.875k 12yrs old etc etc etc
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Current: Silhouette Black 2007 SY Ford Territory TX RWD 7-seater "Black Banger"
2006-2016: Regency Red 2000 AUII Ford Falcon Forte Automatic Sedan Tickford LPG "Millennium Falcon"
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