UnThreaded | Threaded | Whole Thread (21) | Ignore Thread Prev Thread | Prev | Next | Next Thread
Author: DavidBoring One star, 50 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 308541  
Subject: Re: Using my credit to finance a car Date: 5/22/1998 5:54 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0
<<Before I go any further, let me say that if David and I met face to face, I'm sure we would get along great and he would find me friendly and diplomatic.>>

Likewise, I'm sure. :)


I think the biggest difference in the comparisons is our starting assumptions. For example, with a car you negotiate your best price. Then you choose the financing or the rebate, which I interpret as "free money."

With a house, you negotiate your best price, then you pay more money for better financing.

I believe the difference is mostly semantics. But if you can't get the car dealer or the house seller to budge another inch on price, I see the car purchase a little differently because it is almost like someone walking in and giving the dealer a $1500 payment in your benefit. I wish someone would offer such a thing for a house. ;)

In either case, both of us are right. It's kind of like asking what is on a quarter? Washington or an eagle? The answer is "It depends on which side you are looking at." But either answer is correct.

Have a wonderful weekend!

David (But I'm not) Boring
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (21) | Ignore Thread Prev Thread | Prev | Next | Next Thread

Announcements

TMF Credit Center
The Motley Fool Credit Center arms you with real tools and simple messages, that will help you in every credit situation.
Post of the Day:
Berkshire Hathaway

Burger King's Play Not For Taxes?
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement