Consider this financing!
Burning Brakes
Joined: Jan 2005
Posts: 823
Likes: 182
From: Plymouth MI
Originally Posted by Shylor
I'll never understand why anyone would always want car payments.
Le Mans Master
Joined: Nov 1999
Posts: 7,695
Likes: 51
From: Imperial Beach CA
I think there is something in Econ 101 about paying cash for a depreciating equity. Since I drive the hell out of my cars, 50K miles per year leasing would be murder. Using the banks money at 3.9% when my 401 K did +12% last year and 13.5 the year before, it’s a no brainer.
Melting Slicks
Joined: Aug 2003
Posts: 2,966
Likes: 5
From: Wichita Falls Tx
I'll ask the question that I eluded to before. Wouldn't some of the depreciation be gone if you bought used? Would it not be possible to find a 1 year old car where the owner must sell, drive the car a year or 2 and then beak even on your sell?
While I'll admit doing the above might be a little harder with the C6 cars, it certainly would not be out of the question buying a C4 or C5.
Comments anyone?
While I'll admit doing the above might be a little harder with the C6 cars, it certainly would not be out of the question buying a C4 or C5.
Comments anyone?
Safety Car
Joined: Mar 2002
Posts: 4,366
Likes: 7
From: Las Vegas NV
Originally Posted by Shylor
I'll never understand why anyone would always want car payments.
Racer
Joined: Aug 2001
Posts: 321
Likes: 2
From: Mobile AL
Originally Posted by Barely Legal
Why would anyone listen to you. Like trading for a new car every two years is smart. What a joke. Cars are not investments so by getting money out at the sale just means you paid more in advance and let someone use you money. I do that too. It's called funds. There I make money on my money.
Also, my house is only 4600 sq ft with a 5 car garage. I paid cash two months ago. I am meticulous with my cars or anyone else's for that matter. I'd put my detailing, maintenance technique and schedule up against anyones.
Also, my house is only 4600 sq ft with a 5 car garage. I paid cash two months ago. I am meticulous with my cars or anyone else's for that matter. I'd put my detailing, maintenance technique and schedule up against anyones.
Prosper but be humble, grasshopper...
