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J_RtheWriter's profile
j.r. leonard
j.r. leonard
j.r. leonard
@J_RtheWriter

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j.r. leonard

@J_RtheWriter

“We got some hats now, motherfuckers!”

Joined April 2018

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    1. Vikram Bath1‏ @vikrambath1 Nov 1
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      1. People should generally avoid car loans. Get the car you have cash for. 2. A 7-year loan is all that bad if you are going to keep the car at least that long. Cars are lasting longer! Don't trade it in and roll over remaining debt thoughhttps://www.npr.org/2019/10/31/773409100/the-7-year-car-loan-watch-your-wallet …

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    2. Vikram Bath1‏ @vikrambath1 Nov 1
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      I meant "A 7-year loan is *not* all that bad if you are going to keep the car at least that long." Geesh

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      j.r. leonard‏ @J_RtheWriter Nov 2
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      Replying to @vikrambath1

      This is spot on. Better way to save is to take your down payment and buy an old car for cash. Keep saving and trade up with cash opportunistically. Older cars tend to hold their value so, if you buy the $5k, it’s going to sell for about $5k two years later

      1:14 AM - 2 Nov 2019
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