Quote:
Originally Posted by SkyZ
all that stuff about the 350 was really sensible.
as for the financing, id say put as much as u can down on the car to lower ur finance payments. Investment is a possibility, but this economy isn't what id call very stable. you could lose money just as quickly as u could gain it. im of course not your financial planner of any kind just saying the markets arent really that great =]
|
Taking 25-50% of his saved down payment and putting it in a 2-3 year CD wouldn't be a bad move at all.
That way he at least has something saved away and be earning some cash on it.
I blew my life savings on car stuff once... that was a retarded move. Would be the same to spend it
all on a down payment.