Quote:
|
Originally Posted by e92_Mack
Quote:
Originally Posted by jacobsed
Stupid is as stupid does. Going into debt for anything that depreciates and doesn't make you money is crazy.
|
I'm saying if one has the money to buy a car but can get 0% and opt to keep some of the cash in his pocket (which allow him to pay it off whenever he can), he's not losing out on anything only person. Thats not stupid, missing that key point was. |
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.