Quote:
Originally Posted by NickyC
She's not wrong about anything, car prices right now are a complete joke. Not asking you to agree with me, but if you can't pay cash or at least put down 75% towards the value of the car with a maximum two year note, get something you can afford. LoL @ fleases.
The thought of ever having a car payment again makes me sick. There are countless nice 10 year old cars right now which can be obtained cash in hand, look great, and will last for years and years.
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Having the money to pay cash for a car is one thing, but having it and choosing to pay cash at current auto loan interest rates...well...one could easily argue that's a silly thing to do.
Leverage isn't a bad thing, nor is making your money work harder for you.
Edit: I see I'm late to the party
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'02 S54 M3 (500/500 GC/Koni)
'08 N54 135 (JB4, DCI, BMW PS/Bilstein B6s, H&R M3 FSB, Strongflex FCABs)
'14 N55 X1 (JB4, BMS DP, BMS Intake, Alpina TCU reflash, H&R Sports, Bilstein B6s, E93 M3 RSB, Strongflex FCABs, baby seat)
'08 N54 535xi touring (Bilstein B6s, Downpipes, MHD tune, baby seat)