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Dragon-88 12-11-2015 09:13 AM

Quote:

Originally Posted by DC5-S (Post 8706426)
Or just buy a car when you have enough cash and avoid all that BS and interest

If everyone had to buy a car with cash in hand.. Not a lot of cars would be on the road today. STI is a $50K car. How often do you have $50K to blow out right on a car and no other expenses.

DC5-S 12-11-2015 10:02 AM

Quote:

Originally Posted by Dragon-88 (Post 8706452)
If everyone had to buy a car with cash in hand.. Not a lot of cars would be on the road today. STI is a $50K car. How often do you have $50K to blow out right on a car and no other expenses.

I guess some people enjoy debt

Nabatron 12-11-2015 10:45 AM

^I guess some people arent as rich as you that they can pay for a car worth $50k in cash!

thebrownboy 12-11-2015 02:49 PM

I don't get why people are so against financing?

Regardless if you have the cash or not to buy it outright, financing has its positives too. For one, the finance rate is usually right around 5% or so, maybe 7-10% depending on where you get it from. Now rather than buying a car outright for 50 grand, you could use that 50 grand capital and invest it somewhere else. As long as your return rate is higher than your finance rate then you're better off not buying the car outright.

But I do also understand that it's hard to find ways to invest capital that has that high of a return.

I manage to have a constantly higher return than what I would pay in interest so I would never outright buy a car because I know that I can do something better with the money instead.

There's positives and negatives to every option. Just because somebody finances doesn't mean "they enjoy debt".

in.teg 12-11-2015 04:47 PM

Quote:

Originally Posted by LP700-4 (Post 8706249)
Who was your salesperson? Just curious lol I'm no longer affiliated with them. I know there are some good ones and a couple bad ones like with every dealer

Hey henry, see you at work tomorrow :ilied:

freelunch 12-11-2015 10:01 PM

I got my 2011 STI from Dusty at Don Docks, nice guy to deal with.


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