as far as financing goes, I have no down and I'm getting rates from 4.9% to 5.29% for a 5-year. And I drive an average 18k miles a year
See my other thread, I have 100k down for a house already
so you can purchase something at $500k with 20% down. Great. What about if you go unemployed? Where's your emergency fund that will bridge you for 3-6 months if you have to pay a monthly mortgage? Sorry if I'm sounding like a parent.
See also my re-editted comment #8 (reposted here)
8) Leasing an audi is a bad idea. Buying a used one is also worse. Most people don't do proper maintenence. It's especially a bad idea to buy a used audi with the 1.8T or 2.0T or the 2.7T(found in the B5 generation S4) engine without really knowing the history behind them. For more information, go to audiworld and search for "turbo" and "oil coaking(sp?)". Basically, it's what happens when people run a turbocharged car hard such that the turbo is glowing red and shutoff the engine right away over a long period of time (over 4-5 years). Audi's don't come with an after-run oil pump, so oil doesn't circulate after you shut the engine off, which is bad if the turbo is glowing red.
