Need to decide which the better deal and i was hoping I could get some free advice.
My two choices are as follows:
Brand New 2006 Nissan Xterra S with the utility package for 21,500 (pending a dealership can make that price work) with 6.25% financing - 353 montly payments.
OR
2005 Xterra SE (rockford fosgate etc.) with 15,000 miles from a rich private sealer who's looking to unload it at 19,000 with 8.45% financing - 316 monthly payments.
On one hand, i want the new truck, but on the other i know even with the great deal it will loss excessive value the first year. But it would be brand new and have a longer warranty. But the 2005 SE has bigger rims, better stereo, and more features for less money. But, the SE is a year older and has been used.
Just reply with your thoughts on which would be better and why.