Purchase vs. Lease Preowned - Tell me how you finance
#92
Racer
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Seriously. Which part do you have an issue with? I personally believe if you need 10 or 12 years to finance a toy then you need to re-evaluate your priorities, but YMMV. I've financed cars, as have most of us, but in my opinion, someone stretching a loan that far is doing so to hit a payment. In my experience, payment buyers typically aren't people doing responsible things with their money, but people living above their means. I'd love to hear your opinion of how paying for a toy car for a period of ten years makes financial sense.
#93
![Default](https://rennlist.com/forums/images/icons/icon1.gif)
Seriously. Which part do you have an issue with? I personally believe if you need 10 or 12 years to finance a toy then you need to re-evaluate your priorities, but YMMV. I've financed cars, as have most of us, but in my opinion, someone stretching a loan that far is doing so to hit a payment. In my experience, payment buyers typically aren't people doing responsible things with their money, but people living above their means. I'd love to hear your opinion of how paying for a toy car for a period of ten years makes financial sense.
#94
Rennlist Member
![Default](https://rennlist.com/forums/images/icons/icon1.gif)
Seriously. Which part do you have an issue with? I personally believe if you need 10 or 12 years to finance a toy then you need to re-evaluate your priorities, but YMMV. I've financed cars, as have most of us, but in my opinion, someone stretching a loan that far is doing so to hit a payment. In my experience, payment buyers typically aren't people doing responsible things with their money, but people living above their means. I'd love to hear your opinion of how paying for a toy car for a period of ten years makes financial sense.
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Brainofjjj (08-19-2022)