Quote:
Originally Posted by Darth Khan
If you have the cash to buy the car outright you should still lease or get a low interest loan. Stick the cost of the car in your long term investment portfolio and come back in ten years. The low interest rates and in some cases the depreciation will easily be out-matched by a managed long term investment. (If you don't believe me do the maths).
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Not true 100% of the time. No one has the ability to see the financial future. Throw in a market down turn in the first couple of years after purchase. Then it would be better to have your money in your car and then putting the $600 a month back into your portfolio.
Yes I have lived through multiple market down turns and have been able to capitalize on this.