Quote:
Originally Posted by VincentVega
when 1-2% loan rates are common why would you tie up $$ in a car?
|
Because you can quit contributing to your mutual fund. You can't quit making your car payment, house payment, credit card payment, etc. Getting laid off in 2014 was a HUGE wake up call for me. Plus, if having that money invested is that critical to your long term investment plans, maybe you should rethink your purchase.
$10k will buy a very decent reliable used car. Nobody NEEDS a new car.
__________________
‘07 Mazda RX8
Past: 911T, 911SC, Carrera, 951s, 955, 996s, 987s, 986s, 997s, BMW 5x, C36, C63, XJR, S8, Maserati Coupe, GT500, etc
|