A place to discuss all things ADM
12-14-2021 | 12:55 AM
#946
Rennlist Member
Joined: Feb 2013
Posts: 16,842
Likes: 4,142
it really sucks for the buyer who now can’t build to spec because some idiot found out they can’t afford it.
I also asked a similar question to my Audi sales guy a few months ago about how many people finance/lease vs cash and he just looked at me weird and said almost everyone leases or finances and those that finance are doing 60-72 mo loans.
I also asked a similar question to my Audi sales guy a few months ago about how many people finance/lease vs cash and he just looked at me weird and said almost everyone leases or finances and those that finance are doing 60-72 mo loans.
12-14-2021 | 01:03 AM
#947
Nordschleife Master
Joined: May 2014
Posts: 5,304
Likes: 2,100
Speaking of ADM: This one went RNM high bid at $297K with a $203K msrp. Just sayin'
https://www.pcarmarket.com/auction/d...rsche-911-gt3/
https://www.pcarmarket.com/auction/d...rsche-911-gt3/
The following 3 users liked this post by AlexCeres:
The following 3 users liked this post by Yippiekiaye:
12-14-2021 | 03:53 AM
#951
Rennlist Member
Joined: Feb 2013
Posts: 16,842
Likes: 4,142
The following 2 users liked this post by usctrojanGT3:
Diablo Dude (12-22-2021),
PTS (12-14-2021)
12-14-2021 | 12:11 PM
#952
Rennlist Member
Joined: Mar 2019
Posts: 3,381
Likes: 3,119
This forum seems to categorize all buyers who finance into 1 camp, while there are many different camps. For example, there is a massive difference between owing $100k versus $180k on a $200k car. Putting 50% down versus 10% on a depreciating asset goes a long way. That's my personal rule if I finance a car, 50% or more down, I never finance more than half the car.
12-14-2021 | 12:16 PM
#953
Rennlist Member
Joined: Sep 2017
Posts: 3,437
Likes: 2,271
This forum seems to categorize all buyers who finance into 1 camp, while there are many different camps. For example, there is a massive difference between owing $100k versus $180k on a $200k car. Putting 50% down versus 10% on a depreciating asset goes a long way. That's my personal rule if I finance a car, 50% or more down, I never finance more than half the car.
Use financing to your advantage if you can actually afford the car.
12-14-2021 | 12:32 PM
#954
Rennlist Member
Joined: Mar 2019
Posts: 3,381
Likes: 3,119
Completely agree
12-14-2021 | 12:33 PM
#955
Rennlist Member
Joined: Nov 2017
Posts: 1,912
Likes: 652
Exactly that! ^^^^^
12-14-2021 | 12:49 PM
#956
Rennlist Member
Joined: Feb 2017
Posts: 2,962
Likes: 1,412
God forbid this ADM thread turns into a personal finance thread. Hahaha
although I’m one to pay cash for cars let’s just cut to the end and say everyone’s personal situations are different and there’s no one-size-fits-all approach.
Personal finance is 80% psychological, 20% math
although I’m one to pay cash for cars let’s just cut to the end and say everyone’s personal situations are different and there’s no one-size-fits-all approach.
Personal finance is 80% psychological, 20% math
The following 2 users liked this post by WenigerAberBeser:
chance6 (12-14-2021),
StealthGT3 (12-18-2021)
12-14-2021 | 11:15 PM
#957
Race Car
Joined: Jun 2018
Posts: 3,806
Likes: 1,504
From: Somewhere out East
Oh well...delete my post. lmao I could say it but I won't say it for fear of this thread being turned into a net worth job.
Last edited by chance6; 12-14-2021 at 11:18 PM.
12-14-2021 | 11:19 PM
#958
Race Car
Joined: Jun 2018
Posts: 3,806
Likes: 1,504
From: Somewhere out East
The following users liked this post:
chance6 (12-23-2021)
12-14-2021 | 11:40 PM
#960
Intermediate
Joined: Nov 2021
Posts: 33
Likes: 48
From: California