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Brz would save me around 400 a month over the stang tho Sent from my SM-N900V using Tapatalk
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#3 (permalink) |
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How big is huge? If your talking 15-20k....I'd end up putting that down on a 50k dollar car....instead of 6-10 on a 30-35k one lol
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#4 (permalink) |
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[QUOTE=Pitch;2621494]How big is huge? If your talking 15-20k....I'd end up putting that down on a 50k dollar car....instead of 6-10 on a 30-35k one lol
Sent from my SM-N900V using Tapatalk[/QUOT Maybe you could look at a 13 or 14 370Z in 3 or 4 years? |
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#5 (permalink) | |
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You need to start being a little more responsible with your money. You're in debt because you bought a car you don't like, and you're underwater on it. Now you think if you managed tyo save up a good down payment, the smart thing to do is drop it on a 50k car?
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#6 (permalink) |
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Well I'm only backwards on it if I was to trade it in. I come ahead 2k if I sell it
Yes I know I do. But I would be in debt no matter what car I bought u less it was a giant sack of ****. And when I buy a house ill be in more debt. The us of a is in debt....everyone e is in debt. Not that it makes it a good idea to go in more debt myaelf. Once I pass 10k in the bank account t ill be more geared towards a house. Right now not so much, but that's cause I don't have it. People can dream about owning c7's and Cayman S's can't we? Sheesh :P Sent from my SM-N900V using Tapatalk |
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#7 (permalink) | |
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#8 (permalink) |
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Ehhh....I was 21 once too, and a gear head. Still a gear head though so I think we all relate to what you want out of cars. Its probably a good idea, if you didnt make another auto purchase before you have this Mustang paid WAY WAY down and in a better financial position. Do what you want, most of us have been there, or where youre going unfortunately. Sure, youll have a very sweet ride, but youll be worried. You wont enjoy it if youre worries so much. So save. Itll be worth it. Start a precedence, get OUT of debt instead of making more.
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#9 (permalink) |
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Debt is debt and you can't say it's not. Im not arguing they are of the same i.oirtance or anything now, dont get me wrong
Did you not read the part where I said once I pass 10k it's for a house jot a car? Sent from my SM-N900V using Tapatalk |
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#10 (permalink) |
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Sure I can, and i'd be right. One is tax deductible used to purchase an appreciating asset. The other is used to purchase a vehicle, which is a liability. A house is good debt, the car not so much.
That's the first thing you've said that has made any financial sense. Keep the Mustang several more years and buy a house. That's the right move.
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#11 (permalink) | |
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#12 (permalink) |
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I said nothing of the sort. I very clearly stated that tax deductible debt used to buy an appreciating asset is a completely different thing than a car note.
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#15 (permalink) |
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You owe some one money and make monthly payments because you had to borrow money. That's debt. Whether it's for a house or car it's the same thing. It's still debt.
Now, is there a huge benefit to the debt from a mortgage? Of course. But that's not the point I'm arguing here and never have been. Sent from my SM-N900V using Tapatalk |
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