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The wisdom of financing Cobras has also been discussed. It's a toy in the same category as a boat. In most parts of the country you'll only drive it on weekends (and not all) during the summer. It's not a grocery getter. You shouldn't go into debt to buy one. Leveraging is a different story - if you have the cash to purchase and can get a better interest rate on borrowing than the return on an investment of that cash then by all means borrow.
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Cheers,
Tony
CSX4005LA
Last edited by twobjshelbys; 06-25-2020 at 04:38 PM..
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