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RE: GT500 -ford's big mistake?

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RE: GT500 -ford's big mistake? - 9/14/2006 11:17:32 AM   
classj

 

Posts: 1313
Joined: 4/15/2006
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Nothing wrong with car loans. As long as you are smart when you take them out.

As far as leasing. It used to be really cheap and worthwhile. Now I dont usually see that as the case anymore.

The leasing companies have figured out how they need to set prices to stay profitable and the days of low lease prices and high buybacks are over.


(in reply to BicketyBam)
Post #: 141
RE: GT500 -ford's big mistake? - 9/14/2006 11:47:10 AM   
BicketyBam



Posts: 3295
Joined: 4/28/2005
Status: online

quote:

ORIGINAL: classj

Nothing wrong with car loans. As long as you are smart when you take them out.

As far as leasing. It used to be really cheap and worthwhile. Now I dont usually see that as the case anymore.

The leasing companies have figured out how they need to set prices to stay profitable and the days of low lease prices and high buybacks are over.




Most people don't know how to shop for one, either. I hammered the guy on the last lease I did. His first offer was a joke.

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-Ed-


(in reply to classj)
Post #: 142
RE: GT500 -ford's big mistake? - 9/14/2006 12:21:25 PM   
Justice


Posts: 689
Joined: 7/23/2006
Status: offline
BicketyBam: There are also people not willing to gamble their money in investments. It CAN give you back 7-8%, but when the next thing happens in our unstable world you won't see any profit back. And if you are unlucky, you'll even loose the money you put in (high risk investments with no guarantees).

Me Ignorant? I beg to differ. I am not talking to those who keep their money in their investment plans. I am talking to those who get in over their heads because they want a car or any other piece of equipment they can’t pay for in cash.

My advice, add the money you have in investments. Does it equal or surpass the value of the car you want to buy on credit, go for it. If not, save more and then get it. You NEED a car asap? There are cheaper alternatives to the one you want I am sure… Keep control, and it will keep you out of financial trouble. It would suck to give up date night and trips to the track and all that other good stuff because you have to pay for car-payments.

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Justice to All

(in reply to BicketyBam)
Post #: 143
RE: GT500 -ford's big mistake? - 9/14/2006 12:36:08 PM   
BicketyBam



Posts: 3295
Joined: 4/28/2005
Status: online
There are enough off topic posts in this forum. I agree to disagree and move on. I hope you get to enjoy the finer things in life before you're 80.

_____________________________

-Ed-


(in reply to Justice)
Post #: 144
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