BAR wrote:


I never pay cash for cars or boats. Always pay with somebody else's
money and pay it back over time with cheaper money.



I don't understand your theory. In the end, you are paying for it with
your money and you are paying more than the selling price unless you
found a 0% deal.

What it "cheaper money"? I'd like to get some!

"DK" wrote in message
...
BAR wrote:


I never pay cash for cars or boats. Always pay with somebody else's money
and pay it back over time with cheaper money.



I don't understand your theory. In the end, you are paying for it with
your money and you are paying more than the selling price unless you found
a 0% deal.

What it "cheaper money"? I'd like to get some!

That approach only works with an asset that appreciates in value. You know,
like real estate used to g. With a depreciating asset like a car or boat,
it's only good at 0% interest as you say.

--Mike

"Mike" wrote in message
...

"DK" wrote in message
...
BAR wrote:


I never pay cash for cars or boats. Always pay with somebody else's
money and pay it back over time with cheaper money.



I don't understand your theory. In the end, you are paying for it with
your money and you are paying more than the selling price unless you
found a 0% deal.

What it "cheaper money"? I'd like to get some!

That approach only works with an asset that appreciates in value. You
know, like real estate used to g. With a depreciating asset like a car
or boat, it's only good at 0% interest as you say.

--Mike

Any zero percent deal I've seen on cars always resulted in a higher selling
price. Every case I looked into resulted in higher *net* than paying cash,
even considering the interest lost from where ever the cash was held.

I have done a few zero percent deals on consumer electronics where you pay
the same whether you take advantage of the no interest or pay cash. We are
now watching our new large screen HDTV with zero percent interest payments
over two years.

D.Duck wrote:
"Mike" wrote in message
...
"DK" wrote in message
...
BAR wrote:

I never pay cash for cars or boats. Always pay with somebody else's
money and pay it back over time with cheaper money.


I don't understand your theory. In the end, you are paying for it with
your money and you are paying more than the selling price unless you
found a 0% deal.

What it "cheaper money"? I'd like to get some!
That approach only works with an asset that appreciates in value. You
know, like real estate used to g. With a depreciating asset like a car
or boat, it's only good at 0% interest as you say.

--Mike

Any zero percent deal I've seen on cars always resulted in a higher selling
price. Every case I looked into resulted in higher *net* than paying cash,
even considering the interest lost from where ever the cash was held.

I have done a few zero percent deals on consumer electronics where you pay
the same whether you take advantage of the no interest or pay cash. We are
now watching our new large screen HDTV with zero percent interest payments
over two years.



I take advantage of those deals, too. If Best Buy wants to finance my
TV or refrigerator for 24 months, with zero interest, why not? I'm
still making a few buck in my money market savings.

On Oct 2, 7:37*pm, DK wrote:
BAR wrote:

I never pay cash for cars or boats. Always pay with somebody else's
money and pay it back over time with cheaper money.

I don't understand your theory. *In the end, you are paying for it with
your money and you are paying more than the selling price unless you
found a 0% deal.

What it "cheaper money"? *I'd like to get some!

From 2002 through 2007 my investments earned 10+% (often significantly
higher) while car and boat loans were below that.

Not a hard thing to understand but we all know why you don't.

On Oct 2, 8:42 pm, JimH wrote:
On Oct 2, 7:37 pm, DK wrote:

BAR wrote:

I never pay cash for cars or boats. Always pay with somebody else's
money and pay it back over time with cheaper money.

I don't understand your theory. In the end, you are paying for it with
your money and you are paying more than the selling price unless you
found a 0% deal.

What it "cheaper money"? I'd like to get some!

From 2002 through 2007 my investments earned 10+% (often significantly
higher) while car and boat loans were below that.

Not a hard thing to understand but we all know why you don't.

Am on 2nd clutch and this time it isnt the clutch but is the
transmission simply being too worn to shift smoothly. I dont
understand transmissions so I cannot say why, Worn out rear end with
differential making noise, cannot align her anymore due to all the
front end being worn out. Yes, could rebuild her but I'd get
revolution from my wife if I decided to. 2nd engine is at only
115,000 miles though.
Am I living in the past thinking that $20,000 is too much to pay for a
double cab truck with less than 30,000 miles?

On Oct 2, 10:06*pm, wrote:
On Oct 2, 8:42 pm, JimH wrote:



On Oct 2, 7:37 pm, DK wrote:

BAR wrote:

I never pay cash for cars or boats. Always pay with somebody else's
money and pay it back over time with cheaper money.

I don't understand your theory. *In the end, you are paying for it with
your money and you are paying more than the selling price unless you
found a 0% deal.

What it "cheaper money"? *I'd like to get some!

From 2002 through 2007 my investments earned 10+% (often significantly
higher) while car and boat loans were below that.

Not a hard thing to understand but we all know why you don't.

Am on 2nd clutch and this time it isnt the clutch but is the
transmission simply being too worn to shift smoothly. *I dont
understand transmissions so I cannot say why, *Worn out rear end with
differential making noise, cannot align her anymore due to all the
front end being worn out. *Yes, could rebuild her but I'd get
revolution from my wife if I decided to. *2nd engine is at only
115,000 miles though.
Am I living in the past thinking that $20,000 is too much to pay for a
double cab truck with less than 30,000 miles?

Huh?

wrote in message
...
On Oct 2, 8:42 pm, JimH wrote:
On Oct 2, 7:37 pm, DK wrote:

BAR wrote:

I never pay cash for cars or boats. Always pay with somebody else's
money and pay it back over time with cheaper money.

I don't understand your theory. In the end, you are paying for it with
your money and you are paying more than the selling price unless you
found a 0% deal.

What it "cheaper money"? I'd like to get some!

From 2002 through 2007 my investments earned 10+% (often significantly
higher) while car and boat loans were below that.

Not a hard thing to understand but we all know why you don't.

Am on 2nd clutch and this time it isnt the clutch but is the
transmission simply being too worn to shift smoothly. I dont
understand transmissions so I cannot say why, Worn out rear end with
differential making noise, cannot align her anymore due to all the
front end being worn out. Yes, could rebuild her but I'd get
revolution from my wife if I decided to. 2nd engine is at only
115,000 miles though.
Am I living in the past thinking that $20,000 is too much to pay for a
double cab truck with less than 30,000 miles?

Check Craigslist Most likely lots on there for that or less. My 2004
Duramax Chevy is probably worth less than that at 80k miles, and it is still
in great shape.

On Oct 2, 8:42*pm, JimH wrote:
On Oct 2, 7:37*pm, DK wrote:

BAR wrote:

I never pay cash for cars or boats. Always pay with somebody else's
money and pay it back over time with cheaper money.

I don't understand your theory. *In the end, you are paying for it with
your money and you are paying more than the selling price unless you
found a 0% deal.

What it "cheaper money"? *I'd like to get some!

From 2002 through 2007 my investments earned 10+% (often significantly
higher) while car and boat loans were below that.

Not a hard thing to understand but we all know why you don't.

This from a person who can't afford an on-demand water heater that
would return his investment in a few years and had to settle for
adding another energy hog conventional water heater.

On Oct 3, 8:26*am, wrote:
On Oct 2, 8:42*pm, JimH wrote:



On Oct 2, 7:37*pm, DK wrote:

BAR wrote:

I never pay cash for cars or boats. Always pay with somebody else's
money and pay it back over time with cheaper money.

I don't understand your theory. *In the end, you are paying for it with
your money and you are paying more than the selling price unless you
found a 0% deal.

What it "cheaper money"? *I'd like to get some!

From 2002 through 2007 my investments earned 10+% (often significantly
higher) while car and boat loans were below that.

Not a hard thing to understand but we all know why you don't.

This from a person who can't afford an on-demand water heater that
would return his investment in a few years and had to settle for
adding another energy hog conventional water heater.

You really are a simple simon Loogy. Lay off the pot.