Leasing is a joke
Interest rates are hella low rn
Get a good long loan and enjoy the coming inflation on your later payments 🤣
ya'll got cars?
Mine is finally paid off. I got a good discount because one of my mom's friends works for Ford and he got me a family discount. Honestly I would never buy a new car again. It's not even worth it. My payments were low, but some of my friends pay $500 a month and I have no idea how they do it lol. Next time I will go with used car and likely all cash.
Was about to buy a new corvette but I'm gonna do the responsible thing and buy a sensible used car
-buy a used car cash
-pay yourself as if you had a car payment and put it into high interest yielding savings account or invest it into a reliable mix.
-sell used car and use savings to buy new just okay car cash
-repeat step 2
-buy a nicer car cash
-repeat until dream car is acquired
-buy a used car cash
-pay yourself as if you had a car payment and put it into high interest yielding savings account or invest it into a reliable mix.
-sell used car and use savings to buy new just okay car cash
-repeat step 2
-buy a nicer car cash
-repeat until dream car is acquired
Agree with all of this except the new car bit your asset will depreciate instantly which is why I’d never advise buying a new car under any circumstances unless you’re just ridiculously wealthy
cash
been wanting to get a new car for years (to me not new new) but I spend money like an idiot and don't want super high payments
cash
been wanting to get a new car for years (to me not new new) but I spend money like an idiot and don't want super high payments
Agree with all of this except the new car bit your asset will depreciate instantly which is why I’d never advise buying a new car under any circumstances unless you’re just ridiculously wealthy
Oh yeah 100%, that’s only if you want to splurge on a dream car or something. Currently the plan I’m following to buy a model 3
Oh yeah 100%, that’s only if you want to splurge on a dream car or something. Currently the plan I’m following to buy a model 3
Hope you achieve your dreams fam