im getting a loan...
TitaniumTT, you can lead a horse to water, but you can't make him drink.
Someone gets an idea in their head and no matter what is said, even if this idea is ridiculous, won't change it. That's a sign of immaturity that we all experienced at one time or another. Most don't grow out of it and there's nothing you can do other then let then fail.
Someone gets an idea in their head and no matter what is said, even if this idea is ridiculous, won't change it. That's a sign of immaturity that we all experienced at one time or another. Most don't grow out of it and there's nothing you can do other then let then fail.
i just don't get people man. I sold my 7 so I could afford school.
After college, I bought another one and did what ever I wanted to it... but everything was paid for in cash. There was the occasional CC purchase, but 95% of my car was paid for in CASH.
Why would you put interest on top of anything that will only LOSE value or be of less value than the loan? And WHO THE F*CK will give a you loan for this kind of thing right now?!?!?!
After college, I bought another one and did what ever I wanted to it... but everything was paid for in cash. There was the occasional CC purchase, but 95% of my car was paid for in CASH.
Why would you put interest on top of anything that will only LOSE value or be of less value than the loan? And WHO THE F*CK will give a you loan for this kind of thing right now?!?!?!
as said... taking out a loan to invest into a car is just plain silly... your going to lose most if not all your $. Having a nice car is fun and all -but there are some more important things in life -like properly managing money. I do everything cash... if you don't have the cash to build it YOU WILL NOT BE ABLE TO MAINTAIN IT! this is especially true with rotaries, which do require a bit more attention.
whatever you do good luck.
whatever you do good luck.
Who cares let him do it. Hopefully he won't be able to afford the payments and will have to sell it cheap because no one will purchase it for the amount he invested in it or it gets repo'd and then we get the chance to buy a built FC for dirt cheap
.
.
And anyone stupid enough to do this sort of thing is going to build a ******* piece of **** butchered car... Taking the loan is admitting incompetence IMO
have some discipline and do it right... save money, then build the car.
Joined: Apr 2005
Posts: 3,785
Likes: 30
From: And the horse he rode in on...
The debtor is slave to the lender-
That saying is 3,000 years old.
In this case, the lender is the Federal Government. Everyone has their own price for which they would be a slave. Yours is just lower than most.
Welcome to the Oligarchy, would you like fries with that bailout?
That saying is 3,000 years old.
In this case, the lender is the Federal Government. Everyone has their own price for which they would be a slave. Yours is just lower than most.
Welcome to the Oligarchy, would you like fries with that bailout?
Last edited by jackhild59; Dec 22, 2008 at 07:13 PM.
To all of you saying go for it, I really wish there was a way in which your tax rate could be raised vs mine based on financial stupidity. That's how the tax code should be re-written. Every few years you should be given a financial apptitude test so the ******* financial morons of this country can continually pay for thier own incompetence while the people like me, AE, Jack and a few others can save a shitton on tax dollars going to feed the retarded. Ether that or a national sales tax. Tax you idiots on consumption. OR, have your marginal tax rate adjusted based on your debt to equity ratio.
To all of you saying go for it, I really wish there was a way in which your tax rate could be raised vs mine based on financial stupidity. That's how the tax code should be re-written. Every few years you should be given a financial apptitude test so the ******* financial morons of this country can continually pay for thier own incompetence while the people like me, AE, Jack and a few others can save a shitton on tax dollars going to feed the retarded. Ether that or a national sales tax. Tax you idiots on consumption. OR, have your marginal tax rate adjusted based on your debt to equity ratio.
gotta keep on keepin on regardless. it sucks that the responsible people are stuck with the consequences of irresponsible actions.luckily, God invented alcohol to make up for it.
Joined: Apr 2005
Posts: 3,785
Likes: 30
From: And the horse he rode in on...
To all of you saying go for it, I really wish there was a way in which your tax rate could be raised vs mine based on financial stupidity. That's how the tax code should be re-written. Every few years you should be given a financial apptitude test so the ******* financial morons of this country can continually pay for thier own incompetence while the people like me, AE, Jack and a few others can save a shitton on tax dollars going to feed the retarded. Ether that or a national sales tax. Tax you idiots on consumption. OR, have your marginal tax rate adjusted based on your debt to equity ratio.
http://en.wikipedia.org/wiki/FairTax
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