CashmereThoughts
Veteran
200k minimum to be paying a 1200 car note and even then it sounds like a horrible move
Financing is never better then cash unless its real estate.
The car being “fly” isn’t worth much. Your paying for branding more than anything. I love a nice luxury car but they not worth it.How much is a $75000 car note?
I love cars. Love riding fly. I'm almost in the market to get a new whip. I'm really not trying to spend more than 50k. But all the super fly cars are around 75. I really want a Audi A7. or an SUV like an Escalade or Range Rover with a great warranty. I make good money but 1000$ monthly note to me is crazy.
Back in Louisiana, the say is don't spend a lot of money on a vehicle unless you can making money with it. Like hotshotting or towing.
What yall think?
Can’t go wrong with Audi. I don’t personally feel the A7 looks much different from an A5 to justify a 25k jump in price but that’s just me.
You know some coli nikkas don't know how to think & just stick to whatever they momma told em when they was littleMore hotepconomics. What the fukk are you talking about?
There are many situations where financing is better than paying cash, apart from real estate. 2 examples come to mind:
1. You put the money in index funds that earn on average 10% a year. Unless your credit is shyt, you come out ahead financing.
2. You use the money to start a business that generates positive cash flow in excess of interest + depreciation costs associated with the vehicle.
It's the most common way to middle class wealth and stability you dumb fukk. Broke ass nikka dont even talk to meNo dummy. You don't have to be a landlord either.
Real estate is one way to wealth. But it's not the most common way to wealth. Neither is it the fastest. Stop fetishizing real estate in a fukking car thread, there are many hotep finance threads you can preach your sermon in.
Hotep FinanceNo dummy. You don't have to be a landlord either.
Real estate is one way to wealth. But it's not the most common way to wealth. Neither is it the fastest. Stop fetishizing real estate in a fukking car thread, there are many hotep finance threads you can preach your sermon in.
YupYou nikkas are foolish.. Any vehicle in that price range and up you better lease that shyt for 3 years.. makes no fukkin sense to finance it on a 5-6 year loan when you can just lease the vehicle for half the cost in half the time while the shyt is still under warranty..
Honestly, this is tough. If I was making that amount I wouldn’t even think about buying a car unless I had no debt or obligations like children. Even then I would try to buy something less than 10kHow much should someone making 40k spend on a car then?