Hmmm - I lease a car AND bought one for cash. I drive, both cars are nice (IMO) and I could be full of shit, but not about this. :winkwink:

Yeah, that. :thumbsup

The Bugatti Veyron is one hell of a ride but the price,come on...and 20,000/month..few people can afford one of those beauties!

zero... paid mine in full

You people that buy your cars outright. Do you already own real estate, or just renting? I couldn't see anyone just buying their cars outright able to build up enough credit for a loan to purchase a house. Unless you're just buying your homes with cash as well?


Loan Agent: I'm sorry, you have no credit. We have no proof you're responsible enough for monthly loan payments.
GFY Webmaster: But I bought my car in CASH. Who the fuck do you think you are?
Loan Agent: Again, I'm sorry. We just can't approve your request at this time.

Seriously. How do you "cash up front" guys/girls build up the proper credit needed to purchase a house?

who the hell buys a house? someone who thinks its an investment? LMAO

THIS IS NOT THE TIME TO BUY 3 more years, and I will buy 2 or 3 houses :thumbsup

People who CAN/able to pay cash for a big purchase such as a car, prolly got enough money so they don't have to get loans for many other shit. People who CAN/able to pay cash for cars most likely got houses or other valuable properties already. You don't get a big loan just to build a credit history lol you get a loan cause you actually need it or it helps you write off or some other crap unless you are just hard up but consoling yourself with "just building CH" idea for getting such loan. Trust me when you CAN/and able to pay cash for cars/houses etc. you'll see lenders start to beg you to get a loan from them and that's a fact :2 cents:

i dont have a car :)

$50 a month

just to join in.....

£35 p/m Bus + Tram Ticket

who needs a car anyways....... lol

€ 1400/Month, BMW 530d.

Not true AT ALL. I have two friends who purchased their cars outright. Both of which rent, and from what I know have no credit at all.

my car is a piece of shit and its paid for :)
what did it cost me this weekend: $35 for a waterpump and $100 for a right cv axel.

You car is a tax write off (pause) NOT!

Sure you get to write off some of the money but you are actually probably only deferring 18% to 30% of the cost. So if you have a $1000 payment you aren't saving all that much on the write off.

i only pay cash for cars. one is an economy car that gets good gas mileage and is reliable, the other is a piece of shit f150 that i only paid a few thousand for that i use for stuff when i work on houses, i bought it cheap so i dont have to take good care of it.

Same here beemk - would not dream of leasing a vehicle and just buy the shit. Tho have done in the past where there was a corp scenario in place and a "actual" tax benefit - but there are no relevant taxes here and no taxes due on offshore structures - so kinda pointless..

im looking to lease a lamborghini in the near future..

why the hell not.. hehe

zero, I pay cash and thats it

zero I pay cash

10 of my relatives purchased cars outright. All own houses that are paid off. They look at loans like they would look at slimy snakes :winkwink:

You must not own a corporation :winkwink: