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re: Used Vehicle Loans

Posted on 5/30/20 at 5:31 pm to
Posted by soccerfüt
Location: A Series of Tubes
Member since May 2013
66026 posts
Posted on 5/30/20 at 5:31 pm to
Having to finance a depreciating asset sucks.

Having to put my kids in the seats of a used vehicle where some stranger might have ODed would have really sucked.
This post was edited on 5/30/20 at 5:32 pm
Posted by Goldrush25
San Diego, CA
Member since Oct 2012
33794 posts
Posted on 5/30/20 at 5:33 pm to
quote:


Having to finance a depreciating asset sucks.



So by that logic everyone that's financing a car is making a poor decision?
Posted by iAmBatman
The Batcave
Member since Mar 2011
12382 posts
Posted on 5/30/20 at 5:54 pm to
Financing or paying cash makes no difference on the rate of depreciation.

Financing usually makes better sense
Posted by tigergirl10
Member since Jul 2019
10326 posts
Posted on 5/30/20 at 6:11 pm to
quote:

put my kids in the seats of a used vehicle where some stranger might have ODed
Y’all don’t sit on public toilet seats or at tables in restaurants?
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