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
It's more than numbers (archive)

[ Follow Ups ] [ 3-series (E46) Message Board ] [ Msg. Board FAQ ]

Posted by Mark on October 06, 1999 at 09:08:43:

In Reply to: Re: Stupid move. Here's why --> (NOT!) posted by Larry in TN on October 05, 1999 at 22:21:48:

: :
: Because when you run the numbers you'll find that paying cash for a car is the better move.

: First take your expected returns and adjust them for income tax. Your rates will vary. Next, take your after-tax return and adjust it for Beta (risk).

Larry certainly makes several valid points. But I think many people (but not all) would be well advised NOT to raid their savings to pay for a car. Paying for the car out of your weekly/biweekly/monthly cash flow may result in a better savings discipline. If not, some people might not replace their savings, instead spending the paycheck on something else.


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.