Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "Is financing a new car really stupid? "
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous]Rule of thumb - never finance an asset with declining value (car, clothes, etc.) nuanced answer - Depends on the deal and how you handle debt. Can't judge the deal here, but if you are good with debt, can afford it, and have steady income or money in the bank to cover the balance, it may be fine to finance the car. My dad's rule for financing a car - you may have to finance your first car. After it's paid off, keep putting the payments into a bank account. When you need a new car, pay with those savings (never finance again). [/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
