The complete automotive resource for buyers, sellers, and owners like you.
Car, Truck and SUV Forums at Roadfly
+ Bentley Forums
+ BMW Forums
+ Cadillac Forums
+ Chevrolet Forums
+ Ferrari Forums
+ Jaguar Forums
+ Lamborghini Forums
+ Lotus Forums
+ Mercedes-Benz Forums
+ Maserati Forums
+ MINI Forums
+ Porsche Forums
+ General Discussion
+ Marketplace Forums
Re: ...some financial considerations... (archive)
[ Follow Ups ] [ 3-series (E46) Message Board ] [ Msg. Board FAQ ]
Posted by mike on April 13, 1999 at 13:36:46:

In Reply to: ...some financial considerations... posted by vertigo on April 12, 1999 at 01:09:31:

: Chris,
:
: A few things to consider when you run your
: numbers:

: (1) You will not need to pay interest on the
: 16k of car you DON'T finance with a lease.
: Depending on your credit and interest rates
: offered, you may save yourself considerable
: cashish if you avoid having to finance this
: debt.

: (2) You can invest the money you aren't paying
: on the higher monthly associated with buying.
: If you are the kind of person who lets his
: money sit in a checking account this won't
: amount to much, but it is realistic to turn
: 10% on low risk investments (see stock market;-).

: Run a quick estimate on your real cost with the
: above factors, and the 16k might not look so
: bad...

: my .02.

Follow Ups:


[ Follow Ups ] [ 3-series (E46) Message Board ] [ Msg. Board FAQ ]
Questions, comments, or problems, please visit the Roadfly help desk.
Roadfly.com Logo © 1997 - 2017 Jump Internet Inc. All rights reserved.