Quote:
Originally Posted by greasybenz
And sorry for all you that say "pay with cash" but with that state of mind i should spend 30 years of my life saving money to buy a house when i could have it now and pay little by little.
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No one here said one should never borrow money for anything. In fact many of us said that borrowing money on an appreciating asset such as a house can in fact be profitable, though still usually not as profitable as paying upfront for it. But financing cars should be avoided whenever possible unless the interest on the loan is lower than what you can earn on the money out in the market.
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2004 VW Jetta TDI (manual)
Past MB's: '96 E300D, '83 240D, '82 300D, '87 300D, '87 420SEL
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