Quote:
Originally Posted by MMARSH
Thats my Question....So your saying if you make car payments, you can't afford it? What if your discretionary or play cash after your obligations, savings, future retirement ect is the amount of a car payment every month....friend of mine makes a lot of money, he and his wife lease a new M series BMW every 3 years. Those lease payments are nothing to him. They both just like having new cars every few years ....he also has a truck that has 185K on it for towing his track bikes and trailer.
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I have no issues with car loans/leases in the least, especially if the people getting the loans are fiscally aware and driving a new car makes them happy. Life is way to short to not fund those things that are of value in your life.
No finger pointing on my end: I have horses FTOG, the single dumbest fiscal choice on the planet earth. Owning horses makes a car payment look like couch money.
