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Old 12-11-2005, 03:52 PM
jetstream23 jetstream23 is offline
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Location: Phoenix, AZ
Join Date: Mar 2004
Posts: 3,229
Mein Auto: 330i, Toyota Land Cruiser
Originally Posted by rwfisher
If you can pay your bills, put money away for retirement, and still manage to save $$ for a car... the money and pay cash when you get enough. You should be able to earn enough interest to pay for an option or two.

Or, if all your bills are paid, no debt except for a mortgage and you max out your 401(k) then look for a very low financing rate like I did. I have enough "money in the bank" for a few BMW's but I like having that money earn money for me. So I pay half in cash and finance the rest at a rate approximating inflation these days. Paying $45K in cash wasn't a smart move for me when that money earns in the 5-6% range and the cost of borrowing was lower than that.
2005 330i | ZHP, Xenons, Jet Black/Natural Brown (Black Cube)

Last edited by jetstream23; 12-11-2005 at 04:03 PM.
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