Toyota GR86, 86, FR-S and Subaru BRZ Forum & Owners Community - FT86CLUB

Toyota GR86, 86, FR-S and Subaru BRZ Forum & Owners Community - FT86CLUB (https://www.ft86club.com/forums/index.php)
-   BRZ First-Gen (2012+) — General Topics (https://www.ft86club.com/forums/forumdisplay.php?f=23)
-   -   Buying parts for your car while you still have a loan (https://www.ft86club.com/forums/showthread.php?t=71206)

Akari 08-01-2014 06:15 PM

Quote:

Originally Posted by extrashaky (Post 1877941)
Not if you don't have $5000.

Buying a car on credit can be necessary in some situations, but that doesn't mean buy a $25k new car when a $5k used car will do.

krayzie 08-01-2014 06:16 PM

Quote:

Originally Posted by extrashaky (Post 1875994)
Sure they are. Homeowners just hide the depreciation in maintenance. Try not maintaining a home for twenty years and see if it has gained value. Then factor in inflation.

That and try not paying the property tax for a month. You don't even own the land and never will.

Then you have places like Detroit, the city collapsed and houses no matter how great they ain't worth shit anymore. Everything's relative.

I can only think of one scenerio where you would want to buy the car with cash and not deal with a loan even if the rate is 0%; which is the risk of dollar devaluation / currency reset (i.e. a bank holiday resulting in massive loss of your money's purchasing power) before you paid off the loan in full. But I'm treading GLP/ATS territory here. :D

ModalSoul37 08-01-2014 06:26 PM

Quote:

Originally Posted by extrashaky (Post 1877941)
Not if you don't have $5000.

If you don't have $5k, then a BRZ/FRS is probably not the best car to purchase either.

GotBRZ1691 08-02-2014 12:41 AM

I get my check direct deposited into two accounts. One checking and one saving. I put away a fair amount every week :thumbsup: Its like I didn't even know it was there.

But yes I do spend a fair amount of money, but I am moving in two months and my rent will be 300 to 400 dollars cheaper, so thats my car payment soon.

Sausalito is expensive as fuuuu....


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