Y

[gigapet]

bought

 

[Leper Messiah]

pics?

 

[gigapet]

Originally posted by: L3p3rM355i4h
pics?

@ work. Later I will.

 

[Leper Messiah]

:thumbsup:

 

[FoBoT]

how many months? 36 or 48 ?

 

[halik]

Originally posted by: gigapet

Originally posted by: L3p3rM355i4h
pics?

@ work. Later I will.

what car?
Unless you have a lotta liquid cash, you will always finance a depreciating asset....

 

[gigapet]

Originally posted by: FoBoT
how many months? 36 or 48 ?

48

 

[gigapet]

Originally posted by: halik

Originally posted by: gigapet

Originally posted by: L3p3rM355i4h
pics?

@ work. Later I will.

what car?
Unless you have a lotta liquid cash, you will always finance a depreciating asset....

i just bought a house. So that is an example of financing an appreciating asset.

 

[merlocka]

Originally posted by: halik

Originally posted by: gigapet

Originally posted by: L3p3rM355i4h
pics?

@ work. Later I will.

what car?
Unless you have a lotta liquid cash, you will always finance a depreciating asset....

Most houses/condos are considered to be appreciating assets.

 

[rh71]

enjoy what you get in life... quit worrying about financials unless you don't have any.

 

[dullard]

Originally posted by: gigapet
48

Then you broke two major financial rules. Never finance a car for more than 36 months.

 

[gigapet]

Originally posted by: rh71
enjoy what you get in life... quit worrying about financials unless you don't have any.

I figure I am young, single and I can afford it. So i am going to enjoy it now.

 

[gigapet]

Originally posted by: dullard

Originally posted by: gigapet
48

Then you broke two major financial rules. Never finance a car for more than 36 months.

DOH!


I will likely sell it in 24 months anyways.

 

[nakedfrog]

Originally posted by: gigapet

Originally posted by: dullard

Originally posted by: gigapet
48

Then you broke two major financial rules. Never finance a car for more than 36 months.

DOH!


I will likely sell it in 24 months anyways.

So that will be three rules, then?

 

[gigapet]

Originally posted by: nakedfrog

Originally posted by: gigapet

Originally posted by: dullard

Originally posted by: gigapet
48

Then you broke two major financial rules. Never finance a car for more than 36 months.

DOH!


I will likely sell it in 24 months anyways.

So that will be three rules, then?

wait whats that rule?

 

[Aharami]

what car?

 

[nakedfrog]

Originally posted by: gigapet

Originally posted by: nakedfrog

Originally posted by: gigapet

Originally posted by: dullard

Originally posted by: gigapet
48

Then you broke two major financial rules. Never finance a car for more than 36 months.

DOH!


I will likely sell it in 24 months anyways.

So that will be three rules, then?

wait whats that rule?

Well, I don't know if that one is an actual rule or not... but after two years you will probably have finished paying all the interest but not made that much of a dent in principal.

 

[GasX]

If you didn't put any money down on the car, then you are upside down on your loan already and have broken FOUR rules...

 

[gigapet]

Originally posted by: Mwilding
If you didn't put any money down on the car, then you are upside down on your loan already and have broken FOUR rules...

sweet Im on a roll!!!

 

[akubi]

Originally posted by: Aharami
what car?

 

[gigapet]

Originally posted by: akubi

Originally posted by: Aharami
what car?

I will nto post it now. I've broken too many rules. there will be too much backlash.

 

[dullard]

Originally posted by: gigapet
I will nto post it now. I've broken too many rules. there will be too much backlash.

Ok, how about a redeaming rule. Unwritten financial rule #0:

It is just money. You'll get more of it later. If overall, you are happier with the product/service than you are with the equivalent amount of money, then you made a good purchase.

 

[akubi]

Originally posted by: gigapet

Originally posted by: akubi

Originally posted by: Aharami
what car?

I will nto post it now. I've broken too many rules. there will be too much backlash.

please add posting no pics to the list of rules you've broken! :laugh:

 

[gigapet]

Originally posted by: nakedfrog

Originally posted by: gigapet

Originally posted by: nakedfrog

Originally posted by: gigapet

Originally posted by: dullard

Originally posted by: gigapet
48

Then you broke two major financial rules. Never finance a car for more than 36 months.

DOH!


I will likely sell it in 24 months anyways.

So that will be three rules, then?

wait whats that rule?

Well, I don't know if that one is an actual rule or not... but after two years you will probably have finished paying all the interest but not made that much of a dent in principal.

arent you financed based on an annual percfentage rate?

so if I want to pay off the entire loan the first year I just pay the initial loan amount times the annual interest rate.

This number is lower than what I would pay out if I didnt pay it off in 1 year but instead paid it off over 4 years.

correct?

 

[m2kewl]

Originally posted by: rh71
enjoy what you get in life... quit worrying about financials unless you don't have any.

usually the ones always b|tching about it are the ones w/o any