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Originally Posted by Roo Wow, this is exactly why we are in this financial crisis. I would get use to saying 'Would you like fries with that'..... BTW I am
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07-19-2009, 05:55 PM
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#11 (permalink) | |
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Enthusiast Member
 
Join Date: Jun 2009
Location: Virginia Beach
Posts: 304
Drives: 07 V8 4Runner 4x4
Rep Power: 16  |
Quote:
Big deal, I financed my Z. I have enough stashed away to buy it cash (or pay it off if I need to), but my rate of return on my stash has so far been +25% which even factoring in interest on the Z is +20%. It made more sense to finance for me. Ever think of that? Thats how banks make money, borrowing short and lending long + pocketing the difference. Works the same for us, the smart ones who dont over extend themselves anyway. ETA: I see no recovery in the next 5 years and things actually getting worse, devolving into societal breakdown. Last edited by GMZ; 07-19-2009 at 05:57 PM. |
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