07-24-2016, 08:21 AM
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#2 (permalink)
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A True Z Fanatic
Join Date: Sep 2014
Location: Atlanta
Posts: 1,244
Drives: 2011 Nismo 370z
Rep Power: 13
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Quote:
Originally Posted by GraphiteZ
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.
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I see what you mean, but none of us knows the others situation, plans or can foresee there dimize or growth potential based on financial decisions. We're simply talking about cars, living life and the things we enjoy.
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