Quote:
Originally Posted by Garcia
I leased once and it was a mistake. I realize it makes sense for some but I don't see myself ever doing it again. I usually buy late model used cars and go to the dealer with financing in place. After settling on a price, if the dealer can offer better financing I'll take it.
Right now, I am thinking of buying new. What I can get for my trade is pretty high and from the bit of looking I have done, I can get a better deal on a new car than I can get on a used one.
As to gas prices, both at home and at the lake i don't see price changing usage much. Where i live public transportation and carpooling isn't an option. Getting to and from camp requires a boat ride. I don't go on vacations other than to camp (and recognize how fortunate I am to be able to have the place) so will fish, do water sports, or simply enjoy the water regardless of gas prices. I am thankful I will be able to do so.
My guess is that a big increase in gas prices will keep some people who trailer and sped the day on the boat away, but as was mentioned in an earlier post, those who can afford a boat are probably less impacted by rising gas prices than others. Not that it might not be painful, but boat owners are probably not choosing between gas and food.
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Not between gas and food... more often between gas and other expenditures/savings. We expect that they will spend more time in the coves and at the sandbars at anchor, and will avoid spending money in other ways.
The increase in gasoline prices means I have less earned income to invest.