Quote:
Originally Posted by JWE90
Yeah.. maybe in theory. I have plenty of investments so I didn't really think too much about it. Just kind of fell in love with the car and wrote a check. I was 34, married, 1 child and a $5600/mo mortgage. I did think about the house purchase but cars aren't really worth bothering with financing. You can get a much better deal as a cash buyer by avoiding dealer markup and finding the right seller who "needs" money (who doesn't?). I paid about $10k less than similar cars were selling for at that time.
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You're probably making more than I am now. $5600 mortgage is pretty heavy. Congrats though.
I guess I can't seem to part with that much cash, I'd rather pay a monthly on a low interest loan.