Quote:
Originally Posted by ILSMKU
He only owes 35K on a car worth 50k+ and you think hes in a bad debt position? Im all for the SC, OP. Live a little. Life is short and you cant take money with you.
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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.