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      01-01-2013, 07:50 PM   #51
jacobsed
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Drives: 2006 330xi
Join Date: Feb 2012
Location: United States

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Originally Posted by jacobsed
Quote:
Originally Posted by fshubert
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Originally Posted by jacobsed View Post
I got the point just fine and its stupid to do that. You went into debt for no reason on a depreciating asset that doesn't make you money. That payment money could be going to you instead of the bank. If you can make payments then you can save up first. 0% is not free money no matter how fancy you think you are with financing. You don't accumulate wealth by being in debt.
You are 100% correct. I guess we BMW owners/lessors have to find that balance to get the car we love at the price we're willing to pay (whether it be at 0% or some other way). Yes, a depreciating object is a losing proposition for the money; but unfortunately a necessary evil.
Most people are too immature to even realize they can't afford these cars. Just because you can make a lease or a loan payment doesn't mean you can afford it. The real necessary evil is realizing you should pay cash for a used Honda. Haha

Buying a car with cash is the only smart way to buy one. Sorry if that hurts your feelings but its a fact.
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