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Old 02-13-2013, 07:57 PM
PeterC4 PeterC4 is offline
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Location: Toronto
 
Join Date: Mar 2011
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Mein Auto: 535xi,328xiC
Quote:
Originally Posted by cordoor View Post
I'm not disagreeing with you. I'm simply explaining why I believe Dave says what he says.

I was simply saying "bad advice" is not the term I'd use.

I'd probably say he is feeding milk to babes. Whereas more sophisticated people like you would rather eat steak.
Well, I don't quite see it that way. I think it's bad advice because it is not complete and can literally be wrong in some cases. Sometimes, leasing is a good idea. When you can lease a depreciating asset for less than the depreciation you win, hands down. And when you can put the money to work or pay-off more critical debt (mortgage), I think you are better off. Anyway, I would love to debate it with the guy.
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