Originally posted by Baron
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but he could afford to pay the 300% interest to fix his car?
You know they come pick it up when he misses the first payment, right? Sounds like he was destined to lose a job either way, at least now he still has the ability to fix his shit and have a car to go look for another one..."If I asked people what they wanted, they would have said faster horses." - Henry Ford
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Originally posted by 78X View Postso if a guy's car breaks down on monday, and doesnt have the money to get it fixed until friday, and misses 3 straight days of work and is fired, it isnt better to get a ass-high interest rate to get it fixed to get to work and retain his job vs losing it?
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Originally posted by SEB View PostThis suprises me coming from you! None the less. I stand by my grandmothers advice! Only payment in your life should be your house payment.
The rest isnt that important unless your willing to work for it!
if you finance a vehicle at 0% and you can get 4-5% interest on your money, you're better off financing the vehicle and making money on your money.
you pay less for the vehicle in the long run... you don't get rich by spending more than the next guy
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