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Old 04-21-2012, 11:53 PM   #34 (permalink)
NYBladeZ
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Join Date: Apr 2009
Location: New York
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You're missing the point. Yes, he can pay for it all in cash but frankly an all cash purchase is too much up front liability. The rapport with the bank is solid, he's not the problem. What he usually does is buy the car, make payments, invest in his businesses and then when he doesn't feel like having the bank make any more $ off of him, pay it off. Bank is happy, it made some $, he is happy the car is paid off. I've seen him do this a few times, always made me a little jealous because I was always making payments on my Z. When your bank loan officer rolls his eyes when you walk in and says uh oh what color is this one, you are not the problem.
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2009 Carbon Fiber/Red 370z aka Trish: Sports Package, Meisterschaft full catback, Fast Intentions Longtube Headers, Injen Long Tube Intakes, UpRev Tune: Sold
2008 Lotus Exige S Club Racer aka Bella, always leaves me smiling
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