Quote:
Originally Posted by madmaxx
I used to be of the mindset, if you cannot pay cash then do not buy it. After the miserable performance in the DJIA and NAsdaq, inflation about to sky rocket, there are worse ways to spend you money then a Cobra. They do retain their value better than other toys. If you can get a good interest rate, go for it, if it dont work out sell it and move on. Life is to short!!
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If the goal is to make money, buying a Cobra on credit ain't the way to do it.
If the goal is to just have fun with a Cobra while you can, then by all means buy it on credit. Yes, you are pi$$ing money away on interest -- that's absolutely undeniable. But more people than not would probably say that just buying a Cobra with cash is pi$$ing money away.
So there is an argument to be made that it really doesn't matter in which direction you pi$$ your money -- it's still pretty much gone regardless.
