Quote:
Originally Posted by TreeSemdyZee
I tend to be blatant, so thank you.
I just tend to think that "being able to afford" and "being able to finance" have gotten confused.
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Afford=pay cash.
Finance=downpayment.
Financing is cheaper, when you weigh interest-rates against deflation and how long it would take to save $40K. With the low APR's you can get, why throw money away saving it and fighting inflation? Not only that, but you delay a cheaper gratification in favor of a more expensive one.