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re: Rules of engagement buying a new vehicle
Posted on 1/16/24 at 12:15 pm to CharlesLSU
Posted on 1/16/24 at 12:15 pm to CharlesLSU
Dropping 100k on a depreciating asset makes bad financial sense either way you slice it.
I bet if plop your car payments in the market they will out perform that 1% interest.
I bet if plop your car payments in the market they will out perform that 1% interest.
1
Posted on 1/16/24 at 8:47 pm to Cryin Kelly
Right. And everyone who needs a full size SUV to navigate their family need should resort to focusing on market investments from their cave.
No family travel. Period.
The money we saved on plane travel, pet boarding (the dogs travel with us), etc. more than bypass the $67k we dropped on a GMC Yukon XL that allows this. AND, the 4wd extra expense has pulled us out of the mountains more than a few times.
All that said, enjoy dying with as much money as you can horde. SMH
That’s a sad existence……..
No family travel. Period.
The money we saved on plane travel, pet boarding (the dogs travel with us), etc. more than bypass the $67k we dropped on a GMC Yukon XL that allows this. AND, the 4wd extra expense has pulled us out of the mountains more than a few times.
All that said, enjoy dying with as much money as you can horde. SMH
That’s a sad existence……..
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