In Reply to: Re: I'm sorry. I assumed you would know what posted by Larry in TN on October 06, 1999 at 00:26:26:
Using my number of doubling 35K over 4 years at 50% tax (hence 17.5K profit) puts me 12k in the black after subtracting the cost of financing over 35 4 years at 7%. I dont know what you were calculating with.
: : What math. You have proved nothing. You are using one scenario with one % of post tax return. The fact that this % is not always the case MAKES IT SUBJECTIVE.
: I used your numbers--doubling in 4 years.
: My point is that the math doesn't work out in financing's favor unless you use rates of return that aren't reasonable to expect or if you get financing that is well below market rate for BMWs.
: That's quantitative.