Quote:
Originally Posted by Chris_DM
The stigma of being upside down on a car like this is also kind of overblown IMO. You're either taking the loss in the upfront and losing on the opportunity cost of that money, or taking the loss in the end. Either way, it's the same to me but that's just my opinion.
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Its taken me some time but I have come to the same realization. The purchase price and eventual sell price are the biggest drivers of overall cost. The amount of the loan simply affects the interest cost which as of recent years has been pretty low. So pay more up front (down payment) or pay more on the back end (negative equity) but you will still come out to the same net position excluding the interest component.