Re: Others on this BB who were could barely afford their Saab? - Saab General Bulletin Board - Saabnet.com
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If you can't afford to pay cash for a car the rule of thumb I've followed for years is this: calculate a monthly payment for a 36 month loan even if you intend to finance for other periods (48 months, 60 months, etc.). If the 36-month payment puts your monthly budget in the hole you really can't afford the car (and shouldn't buy it!), even if a 48 or 60 month payment looks OK in comparison. Too many people stretch themselves too thin with car purchases and dealers thrive on people financing for 48 - 60 months.
Posts in this Thread:
- Others on this BB who were could barely afford their Saab?, Atul, Tue, 17 Jul 2001 23:33:11
- 1. SAABitis is incurable 2. Financial aid slushfund...., Dan W, Wed, 18 Jul 2001 17:17:43
- Re: Others on this BB who were could barely afford their Saab?, Bill H., Wed, 18 Jul 2001 16:30:50
- Good input, Atul, Wed, 18 Jul 2001 15:38:38
- it's not rational. You're not alone., jp, Wed, 18 Jul 2001 13:19:22
- Being fiscally responsible isn't necessarily fun... (long), Timmy, Wed, 18 Jul 2001 11:17:12
- Hmm - - one should do what they feel comfortable with . ., Dave Kovacs, Wed, 18 Jul 2001 10:11:26
- I hear you, maintaining my car has become my only luxury>>>, LSaab, Wed, 18 Jul 2001 10:04:34
- I think different people have different strategies...., REM in Seattle , Wed, 18 Jul 2001 09:47:09
- yes - tough on the budget!, MJM , Wed, 18 Jul 2001 08:57:28
- Think about it....., Dave Westlake, Wed, 18 Jul 2001 08:55:05
- Dont complain yours is only 4 years old, Tom, Wed, 18 Jul 2001 08:41:42
- Depends on perspective and priority..., Bryce, Wed, 18 Jul 2001 07:42:36
- Re: Others on this BB who were could barely afford their Saab?, Scott Paterson , Wed, 18 Jul 2001 01:30:37
- Re: Others on this BB who were could barely afford their Saab?, David Hanley, Wed, 18 Jul 2001 01:07:47
- Re: Others on this BB who were could barely afford their Saab?, EGD , Tue, 17 Jul 2001 23:48:26 <-- Viewing This Message
- Please delete the word "were" from the above. N/Mf, Atul, Tue, 17 Jul 2001 23:34:00
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