Yep, if he is not going to borrow against the equity in the car than +1
Quote:
Originally Posted by ILSMKU
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". |