01-21-2010, 10:09 PM
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#13 (permalink)
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A True Z Fanatic
Join Date: Dec 2009
Location: Killeen, TX
Posts: 2,360
Drives: 2007 350Z NISMO
Rep Power: 24
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Quote:
Originally Posted by OldGuy
I'm a conservative old guy. In your position, as a younger guy, if I couldn't pay cash for a new Z, I wouldn't buy it. I would buy a more affordable car for the time being. One of my practices through life has been to avoid buying things until I can pay cash for them, as I do for my cars. Debt service is one of the heaviest drags to reaching financial independence. There is a functional alternative to virtually every purchase that is more affordable. How I came up with the cash for my Z purchase? The traditional way---saving up for it. You asked...
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Well said.
Normally, I would do the same (buy used and pay cash), but I want to make a move on a NEW car this time and get that confident feeling, knowing that I have a warranty. I am looking to finance for no more that 3-4 years max. Even then, I plan on paying off earlier than scheduled. We'll see how that goes and good luck with your plans.
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2007 350Z NISMO #0618: Zerolift | UPREV | F.I. | Greddy | Competition Clutch | Injector Dynamics | Aeromotive | Pioneer | JL
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