What does the free maintenance cover? Most plans I've seen seem to cover oil changes and tire rotations, which would cost you maybe $50 to DIY over the next year. So while its nice, its probably not all that valuable.
We own our Prius, but bought it with a loan. Paid off the loan in under a year to minimize interest payments/time in debt. Having it paid off is great and I think going into debt for a bit to buy it was worth it for us over buying a cheaper car with cash. You just have to decide whether or not its worth it for you. I personally would try to find a Civic that has had less work done to it, if you decide to go that route.
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Originally Posted by spacemanspif
What money? He is planning (hoping) to sell the Cruz for $10.5k, use the money to pay off Cruz and take the rest to buy a Honda outright. Leaving little, if anything, left to be invested.
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But from that point on, he could invest the money that he would have been paying towards the car loan. He might not have $7k more in the bank after selling the car, but he could eventually have that and more.