High Notes??
Thread Starter
Burning Brakes
Joined: Aug 2004
Posts: 771
Likes: 0
From: Washington District of Columbia
High Notes??
I hope I'm not getting to personal here. I've heard a lot about people who own CADDILACS — BENZES — BEEMERS, ETC. paying huge notes.
I personally see nothing wrong with a big note if your wallet can stand it.
Heck, if I had big bank, I'd be riding in NEW C6 and—I say and—a BIG NEW
BMW. Just curious — your thoughts.
I personally see nothing wrong with a big note if your wallet can stand it.
Heck, if I had big bank, I'd be riding in NEW C6 and—I say and—a BIG NEW
BMW. Just curious — your thoughts.
Last edited by Donne Trav; Mar 2, 2006 at 08:58 AM. Reason: deletion
Team Owner
Joined: Jun 2005
Posts: 46,295
Likes: 2,596
From: Northern, VA
St. Jude Donor '15
"In honor of jpee"
DT, I think it's like anything else: if money's no object, then money's no object. If you make a lot and can afford it, you can spend it any you want. Or not. Personally, I don't make a lot and therefore I don't own a Ferrari Enzo (d'you see that one that crashed on Pac 1 in Malibu? supposedly going 160 mph and the guy lived and walked away), or a new Z06. That's life in the very slow lane. But hey! I've got, by even today's standards, a very fast and nice car. I'm happy. Only $367 million would make me happier, but probably not since all the leeches would come out of the woodwork. 
Race Director
Joined: Dec 2002
Posts: 13,348
Likes: 233
From: SCMR Rat Pack'r Charter Member..Great Bend KS
Debt is never....and I repeat; never....a good thing.
If you can't afford to pay cash for something, then you can't afford it. Simple as that.
It amazes me that someone who cannot afford $15,000 to buy a nice used car today feels like they can afford to pay $20,000 for that same car over the next three years.
Them's my thoughts....now I'm off my soapbox.
Larry
code5coupe
If you can't afford to pay cash for something, then you can't afford it. Simple as that.
It amazes me that someone who cannot afford $15,000 to buy a nice used car today feels like they can afford to pay $20,000 for that same car over the next three years.
Them's my thoughts....now I'm off my soapbox.
Larry
code5coupe
Last edited by rocco16; Mar 2, 2006 at 10:02 AM.
Pro
Joined: Feb 2004
Posts: 723
Likes: 0
From: Nashville Tennessee
Originally Posted by rocco16
Debt is never....and I repeat; never....a good thing.
If you can't afford to pay cash for something, then you can't afford it. Simple as that.
It amazes me that someone who cannot afford $15,000 to buy a nice used car today feels like they can afford to pay $20,000 for that same car over the next three years.
Larry
code5coupe
If you can't afford to pay cash for something, then you can't afford it. Simple as that.
It amazes me that someone who cannot afford $15,000 to buy a nice used car today feels like they can afford to pay $20,000 for that same car over the next three years.
Larry
code5coupe
Call me crazy, but I save up for things I want, then pay cash for them. What's the old saying about the borrower being slave to the lender?
Race Director
Joined: Dec 2002
Posts: 13,348
Likes: 233
From: SCMR Rat Pack'r Charter Member..Great Bend KS
Originally Posted by PSO3120
Call me crazy, but I save up for things I want, then pay cash for them. What's the old saying about the borrower being slave to the lender?
The old saying comes from Proverbs 22:7.
Larry
code5coupe
Team Owner
Joined: Feb 2006
Posts: 24,460
Likes: 7
From: sw Ohio
I agree with you guys, its better to save up and buy things, but let me ask you this: Can you save $200,000 to buy a house? Thats why I believe its also important to have good credit. I could have saved a little longer and bought my car with cash, but I got a bank loan. I got my Vette sooner and i'm building credit.
However, I do feel that paying with cash is always the better option if you can do it or dont need to improve your credit.
However, I do feel that paying with cash is always the better option if you can do it or dont need to improve your credit.
Safety Car
Joined: Oct 2003
Posts: 3,597
Likes: 101
From: TN PA
CI 5-6-7-8-9-10-11 Vet
Originally Posted by rocco16
Debt is never....and I repeat; never....a good thing.
If you can't afford to pay cash for something, then you can't afford it. Simple as that.
It amazes me that someone who cannot afford $15,000 to buy a nice used car today feels like they can afford to pay $20,000 for that same car over the next three years.
Them's my thoughts....now I'm off my soapbox.
Larry
code5coupe
If you can't afford to pay cash for something, then you can't afford it. Simple as that.
It amazes me that someone who cannot afford $15,000 to buy a nice used car today feels like they can afford to pay $20,000 for that same car over the next three years.
Them's my thoughts....now I'm off my soapbox.
Larry
code5coupe
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Team Owner
Joined: Jun 2005
Posts: 46,295
Likes: 2,596
From: Northern, VA
St. Jude Donor '15
"In honor of jpee"
Originally Posted by 4Ever21
I agree with you guys, its better to save up and buy things, but let me ask you this: Can you save $200,000 to buy a house? Thats why I believe its also important to have good credit. I could have saved a little longer and bought my car with cash, but I got a bank loan. I got my Vette sooner and i'm building credit.
However, I do feel that paying with cash is always the better option if you can do it or dont need to improve your credit.
However, I do feel that paying with cash is always the better option if you can do it or dont need to improve your credit.
It all boils down to what I said tho; if you've got the dough, it doesn't matter how you want to spend it. But first, you've got to have it, securely. If you're betting on your next bonus or assignment or job order, you're in Vegas at the tables.
Pro
Joined: Feb 2004
Posts: 723
Likes: 0
From: Nashville Tennessee
Originally Posted by 4Ever21
I agree with you guys, its better to save up and buy things, but let me ask you this: Can you save $200,000 to buy a house? Thats why I believe its also important to have good credit. I could have saved a little longer and bought my car with cash, but I got a bank loan. I got my Vette sooner and i'm building credit.
However, I do feel that paying with cash is always the better option if you can do it or dont need to improve your credit.
However, I do feel that paying with cash is always the better option if you can do it or dont need to improve your credit.