payment options
#14
Ultimate HDF Member
RE: payment options
I don't believe in 'debt', or throwing money away on 'interest payments', especiallywhen purchasingsomethingthat is considered a luxury item for most.
The economy is in a sorry state, and the less debt load a person has the better off they are..
But, maybe that's just me...
The economy is in a sorry state, and the less debt load a person has the better off they are..
But, maybe that's just me...
#16
Ultimate HDF Member
RE: payment options
Financing. I pay between 1/4 and 1/3 down, then finance the rest. By keeping the remainder of that money where it is (in a pretty good fund), it's making more for me than I lose in interest to Eaglemark, even when I double my monthly payments so that I keep ahead of the depreciation curve. If in two years I want to keep the bike, easily paid off then. If I want to trade it in, it's much more mine than Eaglemark's at that point and can work well towards a new bike. The only money really "lost" is in depreciation itself, but ownership of a new bike has greater value to me. And for seven months of the year, it is my daily transportation.
I always buy my cars this way, and I always come out ahead.
I always buy my cars this way, and I always come out ahead.
#17
Ultimate HDF Member