- 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: Car Sales Are Slipping Into Recession-Level Decline
Posted on 6/13/19 at 3:34 pm to CarolinaGamecock99
Posted on 6/13/19 at 3:34 pm to CarolinaGamecock99
quote:
Car Sales Are Slipping Into Recession-Level Decline
Sweet, I'm about to buy a new car.
0
Posted on 6/13/19 at 3:34 pm to lsu13lsu
quote:
My bad, my stance is a purely psychological one. I think investing is more than just math. Anything that gives me a psychological advantage I will take. Others may not need that and I completely get it. When I made my last debt payments on personal assets I never felt more free in my life. For the record, I never had a debt problem and have never listened to Dave Ramsey.
I feel like you do with my house. If I came into enough money tomorrow to pay off my mortgage, I'm paying that sucker off as soon as I can. I know financially I should invest, but that is a peace of mind that I would forgo some earning potential in order to have
Posted on 6/13/19 at 3:35 pm to LNCHBOX
quote:
You bring up an emergency but at the same time talk about using up all the cash just to not have the note.
If you have 20K to put down on a car but you take out a loan for the sake of investing the remaining 18K, you gain nothing if you have to spend that remaining money on something else, and you are still left with the car payment over your head.
I am not saying that it is hogwash, I understand the reasoning behind investing that sum instead of spending it all in one go. But there is value in piece of mind and having financial freedom instead of having a list of debts that need to be paid on top of the everyday essentials.
Posted on 6/13/19 at 3:35 pm to beerJeep
quote:
I saw a 240 month note on a boat
understandable if the boat costs as much as a house. Which some do.
except that its a fricking boat, not a house.
Posted on 6/13/19 at 3:37 pm to TN A A Ron
quote:
financial freedom
This is such a stupid term peptuated by Dave Ramsey
Posted on 6/13/19 at 3:37 pm to TN A A Ron
quote:
If you have 20K to put down on a car but you take out a loan for the sake of investing the remaining 18K, you gain nothing if you have to spend that remaining money on something else, and you are still left with the car payment over your head.
Underlined the key word for you.
And I'd rather have a $300 note with very low interest over my head than trying to figure out where another $20k is going to come from, but that's just me.
Posted on 6/13/19 at 3:37 pm to Mingo Was His NameO
quote:
Dave Ramsey
I do not know who this is.
Posted on 6/13/19 at 3:38 pm to Olric
American car companies use to intentionally make their cars wear out after 3 or 4 years. Then the Japanese came along and made cars that last longer. American consumers naturally switched to Honda, Toyota etc. and forced the Americans to build better cars or go out of business. Now everyone makes good cars (for the most part) and the market doesn’t need so many new cars.
Posted on 6/13/19 at 3:38 pm to CarolinaGamecock99
A true Baw pays sticker + 15% +tip on the loaded out F-250. Cash.
Posted on 6/13/19 at 3:39 pm to LNCHBOX
quote:
well over $33,000 which is almost a 100% increase in price
Is what I said, and 2007 Toyota Tacoma PreRunner V6 4x2 Double-Cab 127.8 in. WB 5-spd auto w/OD
Posted on 6/13/19 at 3:39 pm to Mingo Was His NameO
What are some of the Dave Ramsey things you like and dislike?
Posted on 6/13/19 at 3:39 pm to TN A A Ron
While I generally agree, there are exceptions and then there are EXCEPTIONS
1970 Hemi Cuda convertible- new price $4,308
!970 Hemi Cuda convertible sold at auction last year...
2.6 MILLION dollars.
Quite the ROI there....
1970 Hemi Cuda convertible- new price $4,308
!970 Hemi Cuda convertible sold at auction last year...
2.6 MILLION dollars.
Quite the ROI there....
Posted on 6/13/19 at 3:40 pm to Olric
quote:
Is what I said,
And it's nowhere close to 100%
quote:
and 2007 Toyota Tacoma PreRunner V6 4x2 Double-Cab 127.8 in. WB 5-spd auto w/OD
You didn't buy that new for $19k, so...
Posted on 6/13/19 at 3:42 pm to LNCHBOX
quote:
And I'd rather have a $300 note with very low interest over my head than trying to figure out where another $20k is going to come from, but that's just me.
This marks my point. In this instance, which happens to many Americans, the money which is supposed to make you more than you will pay in interest will no longer make you anything.
I get the notion, however I do not 100% agree with it.
Posted on 6/13/19 at 3:42 pm to Paul Allen
quote:
What are some of the Dave Ramsey things you like and dislike?
Lime: assumes people aren't smart or disciplined enough to make the right financial decisions.
Dislike: actually believes you shouldn't use debt as a resource if you aren't a dumbass.
Posted on 6/13/19 at 3:45 pm to Mingo Was His NameO
Agreed. His views are little too extreme when it comes to leveraging debt properly.
Posted on 6/13/19 at 3:48 pm to CarolinaGamecock99
quote:
Maybe they should stop making every vehicle cost 40k or more?
They don't. They just charge that much to uninformed buyers.
Posted on 6/13/19 at 3:49 pm to AUTimbo
quote:
While I generally agree, there are exceptions and then there are EXCEPTIONS
1970 Hemi Cuda convertible- new price $4,308
I agree. My dad had a 1971 Gran Torino I wish he still had.
Posted on 6/13/19 at 3:49 pm to CarolinaGamecock99
quote:
Maybe they should stop making every vehicle cost 40k or more?
This needs to happen. Badly. Midsize sedans/crossovers from non-luxury automakers coming in at $35K+ is asinine.
The new compact sedan Mazda 3 (albeit the top line model) is just a hair under $30k now.
Posted on 6/13/19 at 3:52 pm to ibldprplgld
quote:Every single car thread, people act like the top line prices are the usual price. Sure, they make a very high end one that only a few people buy. but most people are buying the ones that are in the upper teens to low 20s.
The new compact sedan Mazda 3 (albeit the top line model) is just a hair under $30k now.
Same thing with your midsized sedan/crossover comment. Camrys and Accord start under $20k. Full loaded they are around $35k, but there are many many models that are under $30k.
Page 5 of 11
Popular
Back to top
Follow TigerDroppings for LSU Football News