Quote:
Originally Posted by AlpsRider
Quote:
Originally Posted by kepler
People who buy cars like the M2 CS don't need money for a home.
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I think that there are a lot of people that are maxed out on payments and buy stuff that they can't afford. The saying goes "they are making payments like everyone else."
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Isn't that the American way of commerce?
Seriously, I hear you on this; if I purchase a CS at 85k plus 9% taxes, even with a $10,000 down payment, it works out to $1,500 for 60 months.. $20 less than my mortgage.
To be honest, anyone not pulling in over $250,000 a year, which is 35% of 85k, should not consider a CS because they're clearly overextending themselves financially.
Unless they're a well off, a Trust Fund Baby or have a rich sugar daddy, it's a bad financial move.