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Message
re: Financing is OOC
Posted on 5/4/19 at 5:58 pm to slackster
Posted on 5/4/19 at 5:58 pm to slackster
quote:
Financing a house and financing a car are the same thing. It's not like paying cash makes a car no longer depreciate.
Then why does one also have a product called stop gap insurance when you choose to finance?
It’s because there is additional risk in financing a vehicle vs a home.
2
Posted on 5/4/19 at 5:59 pm to OceanMan
He is in the hole, but won’t stop digging.
Posted on 5/4/19 at 6:55 pm to OceanMan
quote:
Then why does one also have a product called stop gap insurance when you choose to finance?
It’s because there is additional risk in financing a vehicle vs a home.
There's risk to the underwriter, but what's your point?
You and a few others seem to have a difficult time grasping apples to apples in this thread.
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