Mortgages are the same

You finance to help with other payments

But a car is depreciating asset while a house usually isn't.

A shit ton lol me and my gf got a price on a 36,000$ jeep and he payments were around 480$ a month with tax and that's over 5 years ...
You should be Atleast double or triple that the minimum no ?
I'm in Canada tho so who knows

Solid 8-2 loss against Giroux, they had some dude from europe too

480*12*5 = 28k

Alot of financing is 0 or close to.

And it depends theres also inflation so the money on payments down the road are worthless then payments now

So if interest is less than inflation your still winning vs paying upfront

That's what I was thinking lol.


Here's what I did.

When I was 22. I bought my truck for 45,000 talked him down from 52,000

I had 7 year finance. Bi weekly payment 5.4% interest.

341 bi weekly payments

Comes out to like 60,000 I ended up paying for it when it's paid off. $15000 just in interest. My god


Now I had to do this to build credit. No better way then a loan that large. Anything else I've financed has been 0% because of the truck. (My trailer I got last year for example)

But my god can't wait till payments done. Feel rich again.

This post was edited by Subzer0isGG on May 13 2016 06:55am

whats your point ?? it is leasing that is the price of the car ... you dont pay the full car after the 5 years you can choose to trade it in ....
or you can buy the car out for however much is left like 10k or whatever it would be

Ohhhh thought that was a financing price ahahah.

oh haha nah i thought dx was talking about leasing nvm