Quote:
Originally Posted by osteome
I guess that I should have bought a Gallardo as I paid cash for my M3 when I bought it? Since I could buy the M3 outright, I should go buy a much more expensive car so that I can finance it, by your logic?
I know that I can't take it with me, but I also plan on living for another 45 years and not working for at least 25 of those. If you want to have a car payment for the rest of your life, then perhaps you may need to work for the rest of your life to afford it.
I say pay off the debt first.
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Where did I say anything about buying a more expensive car?
My logic was, hes right side up 15k.
Either way he is spending the money so what difference does it make when he spends it? He can wait 3 yrs and then get a SC. Or he can buy a SC now and pay the car off over 3 yrs as he had originally planned to do when he bought the car right?
If you finance a car for 3 years then you knew it was a 3 year commitment to begin with. Clearly he put some big money down to be 15k right side up, so why does he need to put more down to be "smart".