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do you have a car loan? if so, how much is it?
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Date: July 16th, 2025 1:04 PM Author: ruby sickened corner puppy (http://www.autoadmit.com/thread.php?thread_id=5751010&forum_id=2...id.#49105836) |
Date: July 16th, 2025 1:04 PM Author: learning disabled maroon field yea probably like 30k on that shit (http://www.autoadmit.com/thread.php?thread_id=5751010&forum_id=2...id.#49105838) |
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Date: July 16th, 2025 1:05 PM Author: ruby sickened corner puppy what do you pay per mo (http://www.autoadmit.com/thread.php?thread_id=5751010&forum_id=2...id.#49105841) |
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Date: July 16th, 2025 1:06 PM Author: learning disabled maroon field $1k imo (http://www.autoadmit.com/thread.php?thread_id=5751010&forum_id=2...id.#49105844) |
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Date: July 16th, 2025 1:07 PM Author: ruby sickened corner puppy based (http://www.autoadmit.com/thread.php?thread_id=5751010&forum_id=2...id.#49105846) |
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Date: July 16th, 2025 1:11 PM Author: learning disabled maroon field it's 1488 as fuck.
imho i'm trying to bank as much money as possible. if i hit $1.2 million in 3 years, i can leave law and become an arbitrator. i'm at about $300k in taxable accounts now. i can do it. |
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Date: July 16th, 2025 1:15 PM Author: Soul-stirring hunting ground 180
age? |
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Date: July 16th, 2025 1:16 PM Author: learning disabled maroon field 46. getting out of law when i am technically still in my 40s (49) (http://www.autoadmit.com/thread.php?thread_id=5751010&forum_id=2...id.#49105876) |
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Date: July 16th, 2025 2:47 PM Author: Kink-friendly French Chef Your "40s" are from age 38 to age 46. I'm sorry to be the one to break the bad news, but age 49 is definitely in your 50s. (http://www.autoadmit.com/thread.php?thread_id=5751010&forum_id=2...id.#49106137) |
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Date: July 16th, 2025 2:55 PM Author: learning disabled maroon field this is flame and cap (http://www.autoadmit.com/thread.php?thread_id=5751010&forum_id=2...id.#49106153) |
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Date: July 16th, 2025 1:06 PM Author: Kink-friendly French Chef No. Don't really see the point of car loans (http://www.autoadmit.com/thread.php?thread_id=5751010&forum_id=2...id.#49105842) |
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Date: July 16th, 2025 1:18 PM Author: Chest-beating mad-dog skullcap library (http://www.autoadmit.com/thread.php?thread_id=5751010&forum_id=2...id.#49105879) |
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Date: July 16th, 2025 2:41 PM Author: Brindle azn therapy (http://www.autoadmit.com/thread.php?thread_id=5751010&forum_id=2...id.#49106119) |
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Date: July 16th, 2025 2:48 PM Author: anal violet philosopher-king (http://www.autoadmit.com/thread.php?thread_id=5751010&forum_id=2...id.#49106139) |
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Date: July 16th, 2025 6:36 PM Author: cream rebellious lodge (http://www.autoadmit.com/thread.php?thread_id=5751010&forum_id=2...id.#49106871) |
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Date: July 16th, 2025 6:40 PM Author: Sticky community account headpube (http://www.autoadmit.com/thread.php?thread_id=5751010&forum_id=2...id.#49106876) |
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Date: July 16th, 2025 1:19 PM Author: Chest-beating mad-dog skullcap library Back in the day one could get a car loan at 1% for 5-7 years. Now it’s not worth doing (http://www.autoadmit.com/thread.php?thread_id=5751010&forum_id=2...id.#49105881) |
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Date: July 16th, 2025 1:25 PM Author: ruby sickened corner puppy yeah they want like 7% now, insane not to pay in cash (http://www.autoadmit.com/thread.php?thread_id=5751010&forum_id=2...id.#49105899) |
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Date: July 16th, 2025 1:27 PM Author: Razzle-dazzle principal's office scourge upon the earth 2017 x5, own, no payment. Will drive until it is no longer presentable looking in shitlaw. Hopefully we are back to 1% manufacturer subsidized financing then (http://www.autoadmit.com/thread.php?thread_id=5751010&forum_id=2...id.#49105909) |
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Date: July 16th, 2025 1:32 PM Author: Histrionic alcoholic newt 9 year loan on my Dodge Charger at 24% but I pay it on time each month with my credit card & earn rewards points (http://www.autoadmit.com/thread.php?thread_id=5751010&forum_id=2...id.#49105927) |
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Date: July 16th, 2025 1:34 PM Author: learning disabled maroon field chargers are 180 (http://www.autoadmit.com/thread.php?thread_id=5751010&forum_id=2...id.#49105932) |
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Date: July 16th, 2025 2:18 PM Author: cheese-eating twinkling uncleanness Yes. 8 payments left on a Nissan Altima. Payment is $678.57/mo. Bought it in April 2023 and financed because the dealership was offering 0.0% apr for 36-months and VMFXX was paying over 5%. Yes, financing was baked into cost of the car and yes I could have done better paying in cash, but I was trying to conserve cash to buy a house at the time. We’ve lost about 16% on the house thus far (~$100k). Yes I am terrible with money, but also, in some ways money seems fake at this point too. I mean if you want to do things in life you have to spend money and it may not always be the optimal time but you do what you can with what you got and you pick yourself up and go back to work in the morning. |
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Date: July 16th, 2025 3:10 PM Author: gold digit ratio Age: 46 Net worth: About $2.2M Total spent on car payments in my lifetime: $0
I only buy shitty used cars and drive them into the ground. No point in spending more money than necessary on a rapidly depreciating asset. Maybe I will buy a nicer car some day when I feel like I have maed it, but until then, I would rather save more money so that I can quit wagecucking sooner. |
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Date: July 16th, 2025 3:14 PM Author: anal violet philosopher-king I am a similar age and net worth. I buy new cars for cash but drive them a long time. I am currently driving a 2011 car. And the wife's car is 2017. (http://www.autoadmit.com/thread.php?thread_id=5751010&forum_id=2...id.#49106196) |
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Date: July 16th, 2025 3:15 PM Author: learning disabled maroon field when's the last time you fucked your wife?
how much sex do you typically have?
fav positions? |
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Date: July 16th, 2025 3:16 PM Author: anal violet philosopher-king my wife has stage 4 cancer. she was diagnosed 4 years ago. we don't fuck. (http://www.autoadmit.com/thread.php?thread_id=5751010&forum_id=2...id.#49106201) |
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Date: July 16th, 2025 3:17 PM Author: learning disabled maroon field wow, i'm sorry to hear that. i guess my poast really landed flat. (http://www.autoadmit.com/thread.php?thread_id=5751010&forum_id=2...id.#49106202) |
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Date: July 16th, 2025 3:20 PM Author: anal violet philosopher-king these are fair questions, though. also, not sure how much fucking would have happened regardless. i don't think middle-age people fuck that much. (http://www.autoadmit.com/thread.php?thread_id=5751010&forum_id=2...id.#49106206) |
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Date: July 16th, 2025 3:24 PM Author: learning disabled maroon field i have sex with my wife about every other day and i am 46
are you coping well with your wife's diagnosis? i hope she is able to beat it.
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Date: July 16th, 2025 3:48 PM Author: anal violet philosopher-king i think that's great. to have a healthy sex life like that.
4 years ago when she was diagnosed was a bad time. she is on medication and has been mostly stable for the last couple of years. stage 4 means the cancer has spread from the original part to a different part of the body. this is considered incurable. but the doctors will try to elongate life as much as possible. |
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Date: July 16th, 2025 3:55 PM Author: learning disabled maroon field i'm very sorry to hear that, friend. i don't really pray but i will pray for you and her. i hope she isn't in too much discomfort.
my poasting during my substance abuse spiral is very well known here and i wronged my wife many times. we got back together in 2022 and i was kinda rocky at first, but it's very good now. we've been together since 2005 and in the last couple months it's all come back to me how in love we were when we first got togehter, and i feel like that again. plus she still looks about the same, which is cool.
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Date: July 16th, 2025 4:06 PM Author: anal violet philosopher-king thank you. the discomfort only happens every three weeks when she has her infusion. other than that, she is normally functioning.
and that's awesome, man. hope u have many more years together. |
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Date: July 16th, 2025 4:07 PM Author: learning disabled maroon field thank you. i wish the same for you, brother. (http://www.autoadmit.com/thread.php?thread_id=5751010&forum_id=2...id.#49106355) |
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Date: July 16th, 2025 4:25 PM Author: Misunderstood home 180! Fuck you, faggot (http://www.autoadmit.com/thread.php?thread_id=5751010&forum_id=2...id.#49106384) |
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Date: July 16th, 2025 7:42 PM Author: learning disabled maroon field why would you say this? (http://www.autoadmit.com/thread.php?thread_id=5751010&forum_id=2...id.#49107177) |
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Date: July 16th, 2025 3:15 PM Author: Self-absorbed mint private investor kitchen im worth 30000k iirc but my Car is Mine (http://www.autoadmit.com/thread.php?thread_id=5751010&forum_id=2...id.#49106197) |
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Date: July 16th, 2025 3:50 PM Author: mahogany tanning salon I don't have a car (http://www.autoadmit.com/thread.php?thread_id=5751010&forum_id=2...id.#49106296) |
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Date: July 16th, 2025 4:27 PM Author: cheese-eating twinkling uncleanness This thread makes me sad. (http://www.autoadmit.com/thread.php?thread_id=5751010&forum_id=2...id.#49106389) |
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Date: July 16th, 2025 4:41 PM Author: navy site $2k on wife’s left
$7k on mine
Then they’ll be paid off and I’ll need a new one and start the Hebrew cycle over again. |
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Date: July 16th, 2025 4:46 PM Author: Sexy Roommate Pervert $-0-. I paid for it straight cash like I did my home just as XO advised. (http://www.autoadmit.com/thread.php?thread_id=5751010&forum_id=2...id.#49106416) |
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Date: July 16th, 2025 8:11 PM Author: saffron bbw becky TCR (http://www.autoadmit.com/thread.php?thread_id=5751010&forum_id=2...id.#49107269) |
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Date: July 16th, 2025 6:34 PM Author: Laughsome death wish pozpig yes. about 35k
if you're you buy a new car and there's an incentive below market rate it's kinda stupid not to. even ordinary rates. if you can cop 6% and invest what you would have paid for it into the market earning a conservative avg 10-12% per annum, why wouldn't you? |
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Date: July 16th, 2025 11:05 PM Author: gold digit ratio I'm not sure about that one. Paying cash for a car rather than taking out a loan at 6% effectively gives you a 6% risk-free return on your money. The long-run average for the stock market is higher than 6%, but it is far from risk free. There have been many 10-year and even 20-year periods where the stock market earned less than 6%. Most financial advisors will tell you to pay down debt rather than investing if the interest rate on the debt is 6-7% (or higher). It's usually not worth the slightly higher return for much greater risk unless you will definitely keep your money invested for a very long time.
Of course, if the car loan is 0% or 1%, you take the loan every single time. I would definitely take the loan if the interest rate is below 5%. But it gets a little more questionable for higher interest rates. |
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Date: July 16th, 2025 7:06 PM Author: filthy vigorous point I second the dude above about paying interest on a depreciating asset.
If you have cash to burn, sure, go for it. |
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Date: July 16th, 2025 7:40 PM Author: Laughsome death wish pozpig what does it matter if the asset is appreciating or depreciating? all that matters is if the rate is good and whether you want additional leverage to invest money. typically on a secured loan, often with financing incentives for the sale, it will be. (http://www.autoadmit.com/thread.php?thread_id=5751010&forum_id=2...id.#49107167) |
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Date: July 16th, 2025 9:16 PM Author: filthy vigorous point Because most people want their assets to appreciate, especially if they're paying interest for a significant portion of that asset's life.
Outlay for a car shouldn't be significant from an investment perspective relative to your income or financial holdings. If it is, you're allocating way too much to vehicles. (Which is, of course, exactly what people selling cars want.) |
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Date: July 16th, 2025 9:52 PM Author: Laughsome death wish pozpig everyone wants their assests to appreciate nigger, who the fuck wants them to go down? this doesn't explain why you would want to take a loan out for an appreciating versus depreciating.
your second paragraph is completely nonresponsive. of course it's a minor consideration for people buying cars within their means.
it doesn't fucking matter what you're borrowing money *for* for personal use. what matters is the terms of the loans. if i have $100k and am buying an appreciating asset for $50k and depreciating one for $50k, and i want to finance one so i have $50k to invest, then it doesn't matter which one i finance all things being equal. if anything, you'd prefer to finance the depreciating asset because the lenders secured interest is decreasing. if you ran into trouble you'd rather the bank have a lien on something that had decreased in value.
dumbfuck. |
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Date: July 16th, 2025 7:12 PM Author: mahogany tanning salon On a related note, a friend of mine is in the process of moving from MFH to Westchester and tried to buy a car recently from a dealership. They wouldn't sell him the car he wanted unless he took out a loan with them. (Technically, they never said "NO" -- they just made him go through so many hoops that he gave up). (http://www.autoadmit.com/thread.php?thread_id=5751010&forum_id=2...id.#49107024) |
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Date: July 16th, 2025 8:13 PM Author: titillating rehab Yeah you can’t really buy a car with cash at a dealership which is basically a mafia operation. (http://www.autoadmit.com/thread.php?thread_id=5751010&forum_id=2...id.#49107276) |
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Date: July 16th, 2025 9:26 PM Author: Contagious impertinent station candlestick maker cr, I have one right now because I bought a car a couple months ago and to get a better price I had to take out a loan I don't need. I am just paying it off in three monthly payments.
I asked if I could just pay off the whole loan the next day, apparently that fucks the dealer over but if you make three monthly payments then it "counts" for them. |
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Date: July 17th, 2025 7:46 PM Author: mahogany tanning salon Wait until you find out about the prepayment penalty in the fine print you didnt notice. (http://www.autoadmit.com/thread.php?thread_id=5751010&forum_id=2...id.#49110255) |
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Date: July 16th, 2025 8:15 PM Author: fragrant temple You can get a good used car for $15k why would you pay a loan (http://www.autoadmit.com/thread.php?thread_id=5751010&forum_id=2...id.#49107279) |
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Date: July 17th, 2025 7:47 PM Author: Bipolar property double fault (Dave Ramsey) (http://www.autoadmit.com/thread.php?thread_id=5751010&forum_id=2...id.#49110258) |
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Date: July 16th, 2025 8:16 PM Author: Mischievous tattoo I got one during the low interest rate era because free money. Like $4K left it on I think, haven’t checked in a while. (http://www.autoadmit.com/thread.php?thread_id=5751010&forum_id=2...id.#49107282) |
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Date: July 16th, 2025 11:26 PM Author: Soul-stirring hunting ground it's a knick-knack, patty whack, give the frog a loan, his old man's a rolling stone (http://www.autoadmit.com/thread.php?thread_id=5751010&forum_id=2...id.#49107749) |
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Date: July 16th, 2025 11:32 PM Author: Sick stimulating pit associate What happened to the 0 down 0 interest car loans for 72 months (http://www.autoadmit.com/thread.php?thread_id=5751010&forum_id=2...id.#49107765) |