Car Payments are not a WAY of life - Saab 9-5 Bulletin Board - Saabnet.com
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Car Payments are not a WAY of life
Posted by DER (more from DER) on Fri, 24 Oct 2003 15:54:56
In Reply to: Re: what to do about lease?, Larry39, Fri, 24 Oct 2003 13:50:16
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Being in hock to a bank for one's car on a permanent basis is basically irresponsible unless one has lots of spare cash just hanging around. This is especially true for younger individuals. May I assume that anyone with that opinion has already accumulated all the wealth they will need for life, the house is paid for, kids put through college, and retirement and health care for life is assured? Investing in assets which can appreciate or instalment payments for conspicuous consumption on a permanent basis as a way of life? Easy choice.
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