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      02-21-2013, 10:15 PM   #44
kfriceman
Second Lieutenant
 
Drives: 2009 335 xDrive E90
Join Date: Oct 2012
Location: Ferndale, WA

Posts: 234
iTrader: (1)

Quote:
Originally Posted by jokergerm View Post
Well with 3% intrest spending cash if stupid in my book. But thats just me
Here is how I buy cars. I know at some time I will need to replace a car for at least utilitarian purposes or because it is something I just want. This is premised on a 5-7 year occurrence.

I have a continual car payment to "me", that way I don't pay interest, I accrue it. When the timing is right, I source the car and pay in full and then the cycle continues for the next purchase.

-Kevin
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