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Old 06-12-2014, 04:57 PM   #27
SilverSubaab
Scooby Specialist
 
Member#: 88288
Join Date: Jun 2005
Chapter/Region: NESIC
Location: Central MA
Vehicle:
.... At this point,
even I have lost track.

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Quote:
Originally Posted by KC View Post
Just think of the ROI on $100k if invested properly over 5 years vs a 0%-1% loan. Oh, wait, you can't.

You can probably get at least a 3% return on $100k without even trying over 5 years which after taxes and all that would net you $14k.

A 1% loan would be about $2500 over 60 mos.

Profit after 5 years by investing instead of paying cash on a depreciating asset? $11.5k if invested properly.

IMHO? Buy a $30k car for cash and invest the other $70k. You can thank me later.

--kC
Crap your getting old........

Apparently not old enough to buy a corvette yet, but still.......
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