i got one in 23 after my transmission went out in my nissan. payments are 450 but it just feels some kind of way after you haven't had a car payment in like 5 years...lol.
Yep, that's what I did with my house. Now I just gotta pay ME back at .75% interest.Would you say it’s smart to borrow the money from your 401k or 401a and pay the car off 100% and repay the loan with your paychecks ?
Now take that same car payment money an invest into an ETF.fuk that.. i got a note and make the last payment this month. had that bitch for 5yrs but no issues. I don't got it like that to drop $40k+ on a new whip. I could afford my payments, made them on time and now i'm a bout to be note free for the first time in 5yrs. CROWN ME!!
you could total it....... and that money is gone..is there a downside to buying a car in full and not having a note?
yep that's what your good credit is forYou could make an argument that you are taking a sizable amount of cash and dumping it into an depreciating asset. That money could be used for other purposes.
When you’re no longer working hard but working smart. I’ll leave you with this quote.To play devil's advocate, when do you say "man i worked hard, saved, no debt, credit score good, and i am financially responsible I am going to buy what I want"

first ima stack it for about 6-12month and then ..Now take that same car payment money an invest into an ETF.
That's when you need to get a hobby,travel,do some shit you always wanted to do that's free,take a class,try growing weed.when do you say "man i worked hard, saved, no debt, credit score good, and i am financially responsible I am going to buy what I want"
To play devil's advocate, when do you say "man i worked hard, saved, no debt, credit score good, and i am financially responsible I am going to buy what I want"
Right... That's the dealership. Fuck them.Actually, dealerships do NOT like when you pay cash in full
Because they make their money off financing/interest
Plus some banks even give them a little bonus (kickback)
If they can sign up more people with loans
Right... That's the dealership. Fuck them.
The question was is there a downside to using cash.
If you can afford to pay cash, there is no downside to the consumer.
i would fuck wit the Durango Hellcat,.....but not the car.....I want a Hellcat I ain't gone lie.
i would fuck wit the Durango Hellcat,.....but not the car.....
What changedI lease cause I like to switch up every 3 yrs
Always paid under $300 for past leases but now I pay $389 per mo smh and that's with an over 800 credit score
i've seen the 2023 model...........not sure if there is a 2024.Wonder if Jeep still makes that Trailhawk Grand Cherokee.
Shit was sweet
Gotta be a great feelingJust paid mines off.. feels like I have extra money every month
Honestly after 3 years of paying 550 a month…this is my 3rd month…Just having a extra 1600 dollars sitting in my account feels goodGotta be a great feeling