do you pay all cash for cars always?Originally Posted by Mr. KiDD
i agree with no loan for the mods part but not the second statement. I'm young and have a lot to learn but I know for a fact I will have car loans. It may be a depreciating asset but it's s smarter way to get into what you want quicker, build a good credit score and have more cash left over at the time to invest in something that will appreciate or make money. I know that situations can change and one day you might not be able to afford the loan and be screwed but I take risks...I'm confident that when I do take out a car loan, I will be in a position that allows me to make he payments with ease and I won't mess up and get the car repoed.
sorry for the thread jack
ps. they will prolly want the title to your car for that loan since your car will be the one getting the benefits! no pay loan, no car. either way, not a wise move man!
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