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jumpjunkie2004

Have you ever paid cash for a brand new car?

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I've only bought two new cars in my life, and paid cash (well, wrote a check) each time. If I get a little ahead in the money game, it's like catching a wave when surfing. All of a sudden, you're ahead of the game, not behind. And while I'm not making a car payment, I'm taking that extra money and investing/saving it for the next car.

I got enough saved up for another, but I don't need one yet. But there's always another car or two that I want . . . it's just not as important to me as family, skydiving, traveling, etc.

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...And while I'm not making a car payment, I'm taking that extra money and investing/saving it for the next car. I've got enough saved up for another, but I don't need one yet.



That's what I do. I make car payments to myself every month. It is automatically taken out of my checking account and put into a money market account. My current car has 106K miles on it, and I have enough for another, but I'll drive this one until it turns into dust.

I don't buy new cars though. They depreciate too quickly. I like to buy cars with less than 20K miles on eBay.
What do you call a beautiful, sunny day that comes after two cloudy, rainy
ones? -- Monday.

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I don't think I will ever be able to write out a check like that without feeling the pain : (

Have you every made a cash purchase that large???

If so, are you interested in adopting me?



Do you mean cash as in dollar bills? In which case, no.
Do you mean cash as in writing a non-bouncing check from my checking account? In which case yes.
...

The only sure way to survive a canopy collision is not to have one.

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As for big checks I have got them with six figures on them before:)

Hear the joke about the Farmer that hit the big lottery? The reporters asked him what he was going to do with $20 million. He said "I guess I'll keep farming until that's gone too.":D:D[:/]

If you ever want to complain about American farmers, don't talk with your mouth full. :)

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Man, who the hell would finance a 60,000 vehicle for more than a few years??:o

I think the most I have ever seen someone make a single "cash" purchase was my Girlfriend when she put $130,000 for a down payment for her home. It was part of an inheritance.
_____________________________

"The trouble with quotes on the internet is that you can never know if they are genuine" - Abraham Lincoln

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I've bought my all my vehicles for cash. The cars, motorcycles, jetski, everything. Paying financing just pisses me off. I waited a long time to get my first new truck in 1999, still driving it. Bought the car two years later the same way. If you look at the difference between what you finance and the total of your payments, you will never finance or lease again. Also when you pay cash, it is real. Writing a $35,000 check is much different than a $400/month payment.

I am saving for a new truck. I want a new truck; but, I don't have enough cash for what I want. So I will wait.

A funny story. When I went to buy my 929 (motorcycle) they were tough to get in NYC. Go to the dealer. They have one left. I chat with the sales man. He says that the other customer is negotiating on the bike right now. I showed him a bank check for $6,000 made to cash and told him I'll write a personal check for the balance. Two hours later, I owned the bike. Cash is king!

As far as the cash transaction reporting (over $10,000), you can put a $9,000 deposit, get a note and pay the note in several $9000 payments. Then you only pay the interest on a few payments. :)


The only time you should look down on someone is when you are offering them your hand.

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Im in a bit of a dillema right now, I've got about 13,000 USD that i can drop on a vehice right now, but i've had my eyes on a 2006 honda civic hybrid which is 23,000, and now they got a new one thats 25,000, and I was gonna put a down payment on the hybrid and then pay for the rest financed through my bank, but looking at it i can almost buy a regular car outright, but gas prices are killer right now and i'm debating whether its worth it or not
Fly it like you stole it

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Well you are right that payment suck but sometimes they are actually cheaper in the long run.:S With vehicals they don't seem to increase in price as much as some other things but often if you wait you will pay more for the item purchased at a later date than you would have if you bought it when you wanted and made payments.

I hope this makes sense. I have a hard time explaining things sometimes.:P

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