In Reply to: Just Paid Cash for 2000 328Ci posted by Ricardo Sanchez on October 04, 1999 at 01:22:49:
I didn't waste my time reading all the responses to this crap so I'm sure this has already been said... but just in case...
1) Do the math...on paper financing the car and investing the cash at a rate higher than the interest on the car loan is the best plan. Actually, I'm paying quite a bit down on my car... not because I have the means, but because the idea of $1,000+ a month car payments scares the hell out of me (even if it is the smart thing to do).
2) I don't know that much about the auto business, but I'm not sure I see why the dealership would give a damn about your "means" versus somebody else. As long as they get paid you could go broke tomorrow as far as their concerned. They'd get paid either way... either by you or by the originator of your loan.
You're an ass.
: Just wondering how many of you can afford to pay cash for a $43,215 (out the door) 2K 328Ci, like I did. Another guy was about to sign the dotted line to finance this car (Black/Black), but I was able to wrestle this car away from that moron by offering to pay cash on the spot. The dealer took my bid for the car, since I obviously was of superior means to purchase this beauty. Damn, I feel GOOD!
: Who else here is able to do as I did? My guess is not too many of you.