- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Who’s buying a new truck this month and what prices and financing numbers are you getting?
Posted on 3/17/24 at 8:29 pm to Miglez
Posted on 3/17/24 at 8:29 pm to Miglez
quote:I hope no one actually takes this advice every time it's posted in these types of threads.
If you can't afford to pay cash for a depreciating asset then you can't afford it.
It's just a thing people say but they don't really know why they say it.
1
Posted on 3/18/24 at 7:00 am to shel311
It’s actually pretty sound advice.
If you’re financing the vehicle bc it’s a lower rate than the stock market or CD, you need to have the vehicles worth of cash in those places for it to actually be making the interest to offset the loan.
Most people just think they’ll finance it but don’t have the cash value so they’re actually not making that hypothetical return AND they’re paying the interest.
If you’re financing the vehicle bc it’s a lower rate than the stock market or CD, you need to have the vehicles worth of cash in those places for it to actually be making the interest to offset the loan.
Most people just think they’ll finance it but don’t have the cash value so they’re actually not making that hypothetical return AND they’re paying the interest.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News