Quote:
Originally Posted by JC-Nismo
That's BS!!!
Plenty of us finance our cars and pay them off with no problems, just because we didn't fork over $30K-$$40K cash don't mean we couldn't afford it. Millionaires lease and finance just a we do too. OP do what you like, your life, your money, EMBRACE THE MOMENT!!!
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Not totally agreeing with you there. To millionaires, lease and finance are investment, business and tax decisions. They have tax/financial advisors around them to put the strategies together. For normal people to take on a loan for a 90k car usually means cutting back on your 401K and IRA contributions and/or paying off the mortgage later and/or taking money out from the emergency account. I worked in the financial planning business for a while and I know that being able to make the car payment doesn’t always mean you can afford it.