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You actually save money by buying a MORE EXPENSIVE car
| Wilbur Mercer, permanently embarrassed millionaire | 07/18/26 |
| Diamond Dallas Chad | 07/18/26 |
| Gay Grandpa | 07/18/26 |
| computer online | 07/18/26 |
| Wilbur Mercer, permanently embarrassed millionaire | 07/18/26 |
| once upon a time in the valley | 07/18/26 |
Poast new message in this thread
Date: July 18th, 2026 5:45 PM Author: Wilbur Mercer, permanently embarrassed millionaire (Safari) New Tahoe is like 80k
Finance the 80k at 8%
Invest the 80k in the stock market or crypto --> 10% gains on average.
Pay back the 8%, and put the 2% in your pocket -- free and clear profit (minus tax obv)
Buy a 20k - 30k car and the 2% margin is obviously way lower
This is the stuff you learn as a finance ug. Just felt compelled to share with you arts and liesures guys |
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Date: July 18th, 2026 6:12 PM Author: Diamond Dallas Chad Let me push back on that a bit. This only works if you sell the car and invest the proceeds, but the car cannot be sold without paying down the loan under conventional financing terms. (http://www.autoadmit.com/thread.php?thread_id=5883967&forum_id=2...id..#50008811) |
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Date: July 18th, 2026 6:16 PM Author: Gay Grandpa I was thinking this. He says "invest the 80k." What 80k? Thats in the dealerships bank account. All you can do to get actual cash now is sell the car. And youd would sell at a loss of course. (http://www.autoadmit.com/thread.php?thread_id=5883967&forum_id=2...id..#50008816) |
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Date: July 18th, 2026 6:21 PM Author: computer online (🧐) ? He explained it very clearly (http://www.autoadmit.com/thread.php?thread_id=5883967&forum_id=2...id..#50008821) |
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Date: July 18th, 2026 9:25 PM Author: Wilbur Mercer, permanently embarrassed millionaire (Safari) (http://www.autoadmit.com/thread.php?thread_id=5883967&forum_id=2...id..#50009089) |
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Date: July 18th, 2026 8:26 PM Author: once upon a time in the valley (http://www.autoadmit.com/thread.php?thread_id=5883967&forum_id=2...id..#50008984) |