May 2015 Yaris Sales: Up

[Thirty-Nine]

I think it has less to do with CAFE and more to do with the price of oil. Manufacturers will have to offer the fuel-efficient cars under CAFE, but people won't have to buy them.

[nookandcrannycar]

Originally Posted by Thirty-Nine

I think it has less to do with CAFE and more to do with the price of oil. Manufacturers will have to offer the fuel-efficient cars under CAFE, but people won't have to buy them.

I guess you're right. Many people think 'what is the nicest car I can get for my monthly payment', and car sales reps target accordingly. My view is that if you don't have enough money to pay cash for a car, why wouldn't you be trying to buy the cheapest car possible so that you can build wealth and pay cash for that nicer car in the future, without being strapped. The one exception I can think of is if you can structure a business so that you can write off the effective cost of a lease...then it would be prudent to do a lease. The one thing I can think of that might turn all of the above into ashes is...what does my spouse think/want .